logo |

News

    Home   >     Industry    >     Main body

    BoEs Bailey speaks to lawmakers about inflation

    Abstract:LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Monday about this months decision to raise interest rates in the face of an inflation rate they think will hit 10% this year.

      div classBodysc17zpet90 cdBBJodivpLONDON Reuters – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Monday about this months decision to raise interest rates in the face of an inflation rate they think will hit 10 this year. p

      pGOVERNOR ANDREW BAILEY ON INFLATIONpdivdivdiv classBodysc17zpet90 cdBBJodiv

      p“I should emphasise that I do not feel at all, obviously, happy about this. This is a bad situation to be in.” p

      pGOVERNOR ANDREW BAILEY ON WHETHER HE COULD HAVE DONE THINGS DIFFERENTLYp

      pI don‘t think we could. I don’t think we could foresee a war in Ukraine. Another factor that were dealing with at the moment, is a further leg of COVID, which is affecting China.p

      p

      pp Reporting by Farouq Suleiman, editing by William Jamesp

      divdivdiv classBodysc17zpet90 cdBBJodivdivdiv

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.