BoE’s Bailey: We have to stay the course to get inflation down

by Aurelia Butler 11 May 2023, 11:48 189 Views

LONDON (Reuters) – The Bank of England must stay the course to ensure the level of inflation falls back to its 2% target, the central bank’s Governor Andrew Bailey said on Thursday.

“We have to stay the course to make sure inflation falls all the way back to the 2% target,” he said at a press conference after the bank raised its key interest rate.

Source: Economy - investing.com

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BoE’s Bailey: We have to stay the course to get inflation down

Slump in China bank loans, prices raise more worries about recovery, adds pressure on central bank

Australia’s trade minister seeks end to trade curbs on visit to Beijing

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