Reply To: Bank of England Raises Interest Rates Fourth Time to 1.00% and Forecast 10% Inflation and Recession Early in 2023


Does Bank of England actually have a plan?

BOE’s Bailey late comments after today’s rise:
It made sense for the BOE to move in 25 bps increments
There is no end goal for balance-sheet reductions
We will have to feel our way when it comes to selling gilts