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BoE s Bailey to assess if inflation pressures transitory -Business Live

BoE s Bailey to assess if inflation pressures transitory -Business Live 07/15/2021 | 01:21am EDT Send by mail : Message : Required fields (Reuters) - Bank of England Governor Andrew Bailey said the BoE would assess inflation data for things that could be temporary, before taking a call on raising rates and tightening the economy s money supply. Official data published on Wednesday showed British inflation hit 2.5% in the 12 months to June, surging above the central bank s target. (Wednesday s) number - yes, it was higher than we thought it would be, Bailey told https://bit.ly/3xCxcCi Business Live in an interview published Thursday. What we will have to do, again, is go through all the evidence and assess to what extent we think the sorts of things that underlie that are likely to be transitory.

Rising inflation risks might hasten BoE towards action -Ramsden

Rising inflation risks might hasten BoE towards action -Ramsden 07/14/2021 | 03:39pm EDT Send by mail : Message : Required fields LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden said the BoE might start to think about reversing its huge monetary stimulus sooner than he previously expected due to growing inflation pressures as Britain s economy bounces back from its COVID slump. In a speech that suggested growing concerns at the top of the central bank about price pressures, Ramsden said British inflation might rise as high as 4% for a period later this year - double the BoE s target - and the factors driving it up might take some time to ease off.

Second BoE official says time to slow stimulus may be near

Second BoE official says time to slow stimulus may be near
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Preview of Irish Film at Galway Film Fleadh 2021

Preview of Irish Film at Galway Film Fleadh 2021
filmireland.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from filmireland.net Daily Mail and Mail on Sunday newspapers.

UK inflation tests Bank of England as it jumps to highest since 2018

UK inflation tests Bank of England as it jumps to highest since 2018
rappler.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rappler.com Daily Mail and Mail on Sunday newspapers.

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