BOE's Bailey: We may need more evidence than normal that inflation rise will be persistent

Author: Justin Low | Category: Central Banks

Further remarks by BOE governor, Andrew Bailey

  • We will see a rise in inflation in the short-term
  • It will be challenging to decide if any increase in prices is likely to be persistent
This is pretty much the tagline of every central banker at the moment but he doesn't seem too disturbed by recent developments in the bond market.
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