Bank of England governor Andrew Bailey warned today that getting inflation down to target will be ‘hard work’ and pushed back against market expectations of interest rate cuts in the ‘foreseeable future’.
https://www.dailyfx.com/news/british-pound-latest-gbp-usd-remains-supported-boe-warn-on-inflation-20231127.html?utm_source=dlvr.it&utm_medium=blogger
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