On the recordAugust 7, 2025
It remains important that we do not cut bank rate too quickly or by too much
Source
cnbc.comIt remains important that we do not cut bank rate too quickly or by too much
Emphasizing caution in monetary policy during a press conference.
Share
More from Andrew Bailey
The Bank's job is to make sure that doesn't turn into sustained inflation above our 2% target.
If Invenergy still intends to force this project on unwilling landowners, we will continue to fight every step of the way.
I do actually think we’re encouraging innovation, so I think we are doing the right thing there.
I think holding is the right position to be in at the moment for that, so I think it's a sensible decision in the light of the news.