BoE's Bailey: I expect quite a drop in inflation
Source Fxstreet
Bank of England (BoE) Governor Andrew Bailey commented on his inflation outlook fore the UK economy while outlining how the BoE plans to wind down its government bond holdings to a more manageable level by the second half of 2025.
According to reporting by Reuters, the BoE plans to sell off 1.11 trillion USD worth of government bonds on the UK central bank's balance sheet by the midpoint of next year.
Key comments
Bailey thinks the next move on rates will be a cut.
The question is how long we maintain this level of monetary policy restriction.
I expect quite a drop in April inflation data.
Bailey will consider the IMF's recommendation of more MPC press conferences.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The crypto market structure bill has encountered opposition led by Coinbase and is currently stalled, but it is expected to eventually pass and propel the crypto market forward.According
Bitcoin breaks above $97,000 as crypto kicks off first major rally of 2026Cryptocurrency markets are experiencing the first major rally of 2026. Bitcoin reached a high of over $97,000, and Ethereum edged close to $3,400 on Wednesday afternoon. Some analysts predict this is part of a larger bullish trend. Cryptocurrency markets appear to be coming out of hibernation as Bitcoin and key altcoins reach price levels not […]
Cryptocurrency markets are experiencing the first major rally of 2026. Bitcoin reached a high of over $97,000, and Ethereum edged close to $3,400 on Wednesday afternoon. Some analysts predict this is part of a larger bullish trend. Cryptocurrency markets appear to be coming out of hibernation as Bitcoin and key altcoins reach price levels not […]
XRP “super cycle” chatter faces a weekly SuperTrend sell signal, with XRP down 2% to $2.07 over the past week even as broader crypto markets tick higher.
Bitcoin nears two-month highs with key indicators signaling potential for further gains as it targets $101,000.
AUD/USD holds ground near 0.6700 due to cautious RBA toneAUD/USD moves little after two days of gains, hovering around 0.6700 during the Asian hours on Friday. The pair steadies as the Australian Dollar (AUD) receives support amid cautious sentiment surrounding the Reserve Bank of Australia’s (RBA) policy outlook.
AUD/USD moves little after two days of gains, hovering around 0.6700 during the Asian hours on Friday. The pair steadies as the Australian Dollar (AUD) receives support amid cautious sentiment surrounding the Reserve Bank of Australia’s (RBA) policy outlook.
Related Instrument
