a day ago
BOE's Bailey Says Restrictiveness Will Go 'More Neutral'
Bank of England Governor Andrew Bailey says monetary policy remains restrictive, but "the level of restrictiveness will come down over time." He adds: "I would expect that level of restrictiveness to come down to a point where, you know, it goes more neutral." He speaks on a panel at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)