BOE’s Bailey: Last policy decision was a tight one

  • Future decisions will continue being tight
  • Policy is restrictive and it has to be
  • Sees progress on inflation but there is still work left to do

A 4-5 vote is as tight as can be but in all likelihood, the BOE is done unless there is a surprise higher in the inflation numbers in the months ahead. I mean considering the state of the economy, they are risking playing with fire and risking a hard landing now.

This article was written by Justin Low at Source