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Bank of England's Bailey says inflation is slowing, 2025 jump will not last

Summary by Reuters

Bank of England Governor Andrew Bailey said in an interview, opens new tab published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to embed longer-term inflation pressures in the economy.

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Anadolu Ajansı

Bank of England warns UK economy remains ‘quite static’ despite growth figures

'We’ve had the GDP numbers slightly stronger than we thought it would be, but I don’t think it changes the general story we have got,' says Andrew Bailey - Anadolu Ajansı

5 days ago·Ankara, Türkiye

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Wales Online

Bank of England Governor on interest rates, inflation and energy prices

Andrew Bailey spoke about his approach to interest rates on a visit to Wales

5 days ago·Wales, United Kingdom

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Bloomberg

BOE’s Bailey Plays Down Growth Surprise, Warns Economy ‘Static’

Bank of England Governor Andrew Bailey warned that the UK economy is still “static,” pouring cold water over surprisingly strong growth figures at the end of 2024.

5 days ago·United States

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U.S. News

Bank of England's Bailey Says Inflation Is Slowing, 2025 Jump Will Not Last

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

5 days ago·New York, United States

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Reuters

+2 Reposted by 2 other sources

Bank of England's Bailey says inflation is slowing, 2025 jump will not last

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to embed longer-term inflation pressures in the economy.

5 days ago·United Kingdom

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Mortgage Strategy

‘Static’ UK economy faces inflation pressures: BoE Bailey – Mortgage Strategy

The UK economy is “static” as it faces cost-of-living pressures from higher energy costs and global tariff threats, said the Bank of England governor. Rising petrol and water bills are forecast to see inflation lift to between 2.8% and 2.9% from its current 2.5% level when the Office for National Statistics publishes

5 days ago

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