BOE Bailey: We will need to act if approriate | Metals Mine

  • BOE Bailey: We will need to act if approriate

    From investinglive.com

    Bank of England Governor Bailey struck a cautious tone, emphasizing risks around inflation, financial stability, and growth, while signaling the need to stay flexible on policy as conditions evolve. • If high energy prices and supply disruptions persist, it will strain many countries significantly • Policy will respond if needed, but addressing the root cause of energy price shocks is most important • Returning inflation to target remains essential, with a focus on minimizing damage to growth and employment • Inflation expectations are closely monitored, though short-term moves often track headline inflation ... (full story)

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