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Bailey speech: Key factors for May rate decision were domestic, not tariffs
World FX news
Breaking news
Bailey speech: Key factors for May rate decision were domestic, not tariffs
New
2025.06.03 18:28
2025.06.03 18:28
2025.06.03 18:28
Bank of England (BoE) Governor Andrew Bailey is testifying on the May Monetary Policy Report (MPR) before the UK Parliament's Treasury Select Committee (TSC) on Tuesday.
Key quotes
Key factors for May rate decision were domestic, not tariffs.
We have not seen particular inflation surprises.
Labor market has loosened somewhat.
Pay growth is above levels consistent with 2% inflation target but lower than expected in Feb.
Gradual and careful remain my guide for rates.
Market reaction
developing story ...
Last updated
: 2025.06.03
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2025.06.05 14:35Disclaimer:
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