Bank of England Governor Bailey weekend comments on inflation, unemployment, policy

An interview with BoE Gov Bailey in the UK press.

A couple of snippets:

  • Obviously I am concerned with inflation above target,”
  • if you look at our last forecast, it is going to go higher I am afraid. As the Bank of England governor I would prefer it not be there. But we are in very unusual times and what I would say is we have to manage our way through these times

There are no details of what Bailey and the Bank may dop, just general lines such as:

  • We have to manage our way through

Here is the link to the piece for more

An interview with BoE Gov Bailey in the UK press.

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