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BoE Bailey signals near end of tightening cycle, shifts to data-driven stance

BoE Bailey signals near end of tightening cycle, shifts to data-driven stance
In today’s parliamentary hearing, BoE Governor Andrew Bailey provided nuanced insights that suggest the central bank could be nearing the end of its interest rate-hiking cycle. While Bailey was cautious not to confirm that rates have peaked, he pointed to “current evidence” indicating the bank is “much nearer now to the top of the cycle.” […] The post BoE Bailey signals near end of tightening cycle, shifts to data-driven stance appeared first on Action Forex... Read More
Posted: Sep 6 2023, 15:09
Author Name: actionforex
Views: 111573

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