Political Quotes

Andrew Bailey: “It remains important that we do not cut bank rate too quickly or by too much”

On the recordAugust 7, 2025
It remains important that we do not cut bank rate too quickly or by too much
Said by
Andrew Bailey
Missouri
Source
cnbc.com
Aug 7, 2025

Editor's note · Context

Emphasizing caution in monetary policy during a press conference.

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More from Andrew Bailey

Aug 2, 2026

Ultimately the interest rate is set to match the needs of the UK economy, and that they do not rely at what the Federal Reserve does or what the European Central Bank does to show them the path.

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I didn’t ever ask to be a politician, but I am a public servant, and I knew I wanted to serve the people of the state of Missouri.

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Jul 31, 2026

Inflation has fallen faster than expected but the conflict in the Middle East continues to mean high and volatile energy prices. That will cause inflation to rise again this year.

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