FILE PHOTO: Bank of England Governor Andrew Bailey in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS
November 15, 2021
LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Monday about their decision earlier this month to keep interest rates on hold and their latest thinking on the economy.
GOVERNOR ANDREW BAILEY ABOUT INFLATION
“I’m very uneasy about the inflation situation…I want to be very clear on that. It is not of course where we wanted to be, to have inflation above target. On the decision itself, however, it was a very close call in my view.”
(Reporting by Andy Bruce, David Millken and William Schomberg)
Source: One America News Network
