Reply To: Bank of England Raises Interest Rates 25bps to 4.50%, Inflation Remains Too High

11 May '23 at 9:18 am #58388
TradersCom
Keymaster

BOE’s Bailey Speaking in a Bloomberg interview after BOE raised rates

We are approaching the point when we should be able to let level of rates rest
We have not yet seen evidence that allows us to be sure rates can stay on hold

Bailey said BoE will “stay the course” on inflation