BoE’s Bailey highlights market misjudgment on inflation persistence

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<p>During today&#8217;s Treasury Committee hearing, BoE Governor Andrew Bailey expressed concern that the markets might be overly focused on recent data releases, including the recent decrease in inflation for October. He highlighted that the market is perhaps &#8220;putting too much weight&#8221; on these short-term data points, potentially overlooking the broader challenge of persistent inflation. BoE [&#8230;]</p>
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