On the recordJuly 31, 2026
Please do not leave this room thinking that the Bank of England is edging towards a hike, because frankly, there's nothing in what I said, and I think any of us have said along those lines.
Source
bbc.co.ukEditor's note · Context
Clarifying the Bank's stance on interest rate hikes.
Share
More from Andrew Bailey
Jul 31, 2026
If we get a continuation of this conflict going on and oil prices stay above $100 a barrel... the odds are that interest rates will have to go up higher.
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.
Jun 12, 2024
This prosecution was politically motivated and is replete with legal errors.
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.
Other voices in this conversation
