BOE's Bailey: There's some evidence that supply chain difficulties are easing

  • More comments from the Bank of England Governor
  • Core goods inflation lower than forecast
  • We don't target the exchange rate but we factor the impact on future inflation
  • My concern isn't about wage increase, but about high wage increases.

He's careful with the talk about wages after getting into trouble telling people not to ask for wage hikes.

GBPUSD has bounced a bit from the lows.

Bailey rich meme inflation raises

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