BOE’s Bailey: It’s important to return UK inflation to target

Bailey’s speech isn’t scheduled for an hour, so these are crossing early.

  • The UK hasn’t seen a jump in unemployment
  • UK household incomes have risen in recent months
  • These factors mitigate impact of higher rates
  • The events in the Middle East haven’t yet had a big economic impact, watching closely

This article was written by Adam Button at www.forexlive.com. Source