BOE's Bailey: If we see persistence in inflation, we will have to act more forcefully

  • Comments from the Bank of England Governor at Sintra
Bailey Sintra
  • The situation leaves 'options on the table'
  • There are circumstances where we'll have to do more
  • It is clear that economy is slowing
  • Not surprised by the path of sterling
  • It's very hard to separate the effects of Brexit from covid

GBP/USD is certainly falling today, down 70 pips to 1.2115.

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