BOE’s Bailey: Further rate hikes may be appropriate but nothing is decided

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<ul><li style=““ class=“text-align-justify“>I would caution against suggesting either that we are done with rate hikes, or that we will inevitably need to do more</li><li style=““ class=“text-align-justify“>Inflation has been slightly weaker, and activity and wages slightly stronger; emphasis is ’slightly‘ in both cases</li><li style=““ class=“text-align-justify“>If we do too little on interest rates now, we will only have to do more later on</li></ul><p style=““ class=“text-align-justify“>Dude has to learn to pick a lane. You’re the governor of the BOE. Geez. I know they are put in a tough spot towards the end of the tightening cycle but c’mon, you gotta have more conviction than this.</p>

This article was written by Justin Low at www.forexlive.com.

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