Andrew Bailey

2 articles

Bank of England Governor Sees Subdued Inflation Effects from Energy Price Surge

BoE Governor Andrew Bailey stated that energy price surges linked to the U.S.-Iran conflict have not yet created serious long-term inflation pressures, citing a soft labor market as a restraint.

reuters · 2026-08-28 09:09

Bank of England's Bailey Says Rate Cuts Not Back on Table Despite Falling Oil Prices

Bank of England Governor Andrew Bailey confirmed that interest rate cuts are currently off the table, despite oil prices retreating near pre-war levels. He emphasized the difficulty in using oil and g

reuters · 2026-07-01 08:15