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Inflation target should not be increased, says Bank governor

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

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independent.co.uk

economictimes.indiatimes.com

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independent.co.ukStai leggendo1 mese fa

Inflation target should not be increased, says Bank governor

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

originale

economictimes.indiatimes.com1 mese fa

Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persist

BoE reaffirms 2% inflation target; CPI at 2.8%, forecast 4% by 2026-end with 6%+ risk if energy shocks persist. UK tech operations face delayed rate cuts and sterling weakness; cost planning must absorb energy volatility and wage inflation through 2027.

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Timeline cronologica

martedì 2 giugno 2026·independent.co.uk
Inflation target should not be increased, says Bank governor
Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.
mercoledì 3 giugno 2026·economictimes.indiatimes.com
Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persist
Bank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the goal despite current inflation exceeding…