BoE Bailey signals near end of tightening cycle, shifts to data-driven stance

<p>In today&#8217;s parliamentary hearing, BoE Governor Andrew Bailey provided nuanced insights that suggest the central bank could be nearing the end of its interest rate-hiking cycle. While Bailey was cautious not to confirm that rates have peaked, he pointed to &#8220;current evidence&#8221; indicating the bank is &#8220;much nearer now to the top of the cycle.&#8221; [&#8230;]</p>
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