Source: Reuters (via feed)
Bank of England Governor Andrew Bailey said on Wednesday that markets were still getting ahead of themselves. He referred to markets pricing in interest rate hikes by the central bank. Bailey made the comment in the context of the hit to the British economy from the Iran war.
BizTrendWire Insight:
Andrew Bailey’s remark reflects a current assessment of market expectations regarding Bank of England rate hikes.
Andrew Bailey’s remark reflects a current assessment of market expectations regarding Bank of England rate hikes.
