BOE’s Bailey: It is too soon to discuss about cutting interest rates

  • Getting inflation down to 2% will be hard work
  • A lot of the recent fall in inflation is due to unwinding of energy cost surge

At least he’s making sure that they’re not communicating a fall to 2% inflation being a given. And he can take in added comfort as well that the UK economy did not perform as poorly as anticipated so far in Q4.

This article was written by Justin Low at Source