BoE Bailey signals near end of tightening cycle, shifts to data-driven stance
<p>In today’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 “current evidence” indicating the bank is “much nearer now to the top of the cycle.” […]</p>
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