1 Minute Read by Reuters Staff 15 JULY (Reuters) – Before making a decision on restricting the money supply, Bank of England Governor Andrew Bailey said the central bank would “evaluate” the inflation figures for factors that could be temporary. “(Wednesday’s inflation) number – sure, it was more than we expected,” Bailey said in an interview published Thursday with Business Live. “What we’ll have to do, once again, is look over all of the information and decide to what extent we believe the underlying factors are likely to be transitory.” (Shubham Kalia contributed reporting, and Christopher Cushing edited the piece.)/n
Read MoreBoE’s Bailey to not rush on rate decision despite rising inflation -Business Live
2021-07-15T04:42:11-04:00July 15th, 2021|