UK BOE Gov Bailey Speaks
As head of the central bank, which controls short term interest rates, he has the most influence over monetary policy. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future policy;
BOE Governor Mar 2020 - Mar 2028. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues;
- History
| Expected Impact / Date | Description |
|---|---|
| Dec 4, 2024 | Due to speak in a pre-recorded interview at the Global Boardroom Digital Conference hosted by the Financial Times; |
| Nov 29, 2024 | Due to hold a press conference about the Financial Stability Report, in London; |
| Nov 14, 2024 | Due to speak at the Mansion House Dinner, in London; |
| Nov 7, 2024 | Due to hold a press conference about the interest rate decision at the Bank of England, in London; |
| Oct 26, 2024 | Due to participate in a panel discussion at the G30 Annual International Banking Seminar, in Washington DC; |
| Oct 24, 2024 | Due to speak at the Mike Gill Memorial Lecture hosted by the Commodity Futures Trading Commission, in Washington DC; |
| Oct 23, 2024 | Due to participate in a moderated discussion at the Annual Meetings of the International Monetary Fund and the World Bank Group, in Washington DC; |
| Oct 22, 2024 | Due to speak at the Bloomberg Global Regulatory Forum, in New York; |
-
- UK BOE Gov Bailey Speaks News
From cnbc.com|Dec 4, 2024Bank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts over the next year, if inflation continues on a downward path. Asked during a Financial Times video interview whether the central bank would be poised to carry out four quarter-point cuts over the coming year, if its projections of “a little bit of [inflation] persistence” come to fruition, Bailey responded, “Exactly.” Markets are currently pricing in a hold on interest rates at the Bank of England’s December ...
From @financialjuice|Dec 4, 2024|3 commentspost:
BOE GOV. BAILEY SEES FOUR UK INTEREST RATE CUTS NEXT YEAR - FT. post: BOE GOV. BAILEY: WE EMPHASISED THE WORD GRADUAL ON OUTLOOK FOR RATES. post: BOE'S BAILEY: DISINFLATION PROCESS IS WELL EMBEDDED BUT WE HAVE FURTHER TO TRAVEL. post: BOE GOV. BAILEY: A LOT OF TIGHTENING IS EMBEDDED IN THE BUDGET. post: BOE GOV. BAILEY: WE LOOK AT FISCAL TIGHTENING IN THE BUDGET BUT THE KEY IS THE RESPONSE OF EMPLOYERS TO NATIONAL INSURANCE INCREASE.
From @LiveSquawk|Nov 29, 2024post: BoE’s Gov Bailey: No Trade-Off Between Stability And Growth - Geopolitical Risk Remains Elevated post: BOE GOV. BAILEY: CORRECTION COULD HAMPER CREDIT SUPPLY. post: BOE GOV. BAILEY: HOUSEHOLDS AND FIRMS ARE EXPECTED TO STAY RESILIENT.
From bankofengland.co.uk|Nov 14, 2024My Lord Mayor, Chancellor, ladies and gentlemen I am going to use my time this evening to talk about growth in the economy, why it matters, the current state of economic growth and its determinants, and what can happen in the future. These are, of course, very important issues. I will start with some scene setting and context. Our decisions on monetary policy require us to assess the consequences for inflation of the pressure at the time on domestic economic resources. That pressure reflects the balance between demand and supply in ...
- From @PiQSuite|Nov 7, 2024
post:
BOE'S BAILEY: **WE DO NOT HAVE A SPECIFIC LEVEL OF THE EQUILIBRIUM INTEREST RATE IN MIND **I DO NOT EXPECT INTEREST RATES TO RETURN BACK TO VERY LOW LEVELS BEFORE WE STARTED TO RAISE THEM, UNLESS THERE IS A VERY BIG SHOCK post: BOE GOV. BAILEY: UNCERTAINTY ABOUT THE UK LABOR FORCE PARTICIPATION ADDS TO UNCERTAINTY ABOUT THE NEUTRAL LEVEL OF UK INTEREST RATES. post: BOE GOV. BAILEY: WE DID REFLECT QUITE CONSIDERABLY ON THE ROLE OF MARKET RATE ASSUMPTIONS FOR THE LATEST FORECAST IN MPC DISCUSSIONS. post: BOE GOV. BAILEY: WE WILL SEE WHERE MARKET INTEREST RATES ARE AT THE DECEMBER MEETING AND JUDGE POLICY ACCORDINGLY. post: BANK OF ENGLAND'S BAILEY: I WILL NOT SPECIFY WHAT GRADUAL MEANS FOR RATE CUTS 
From @financialjuice|Nov 7, 2024|1 commentpost:
BOE GOV. BAILEY: DISINFLATION FASTER THAN EXPECTED. post: BANK OF ENGLAND'S BAILEY: WE STILL NEED TO SEE SERVICES PRICE INFLATION COME DOWN MORE BROADLY TO KEEP CPI AT 2% post: BoE's Bailey: Slack Sufficient For CPI At Target In Medium Term post: BOE GOV. BAILEY: A GRADUAL APPROACH TO CUTTING RATES WILL HELP GIVE US TIME TO ASSESS IMPACT OF NICS RISE AND OTHER RISKS. post: BOE GOV. BAILEY: I DON'T THINK IT IS RIGHT TO CONCLUDE THAT PATH OF INTEREST RATES WILL BE VERY DIFFERENT DUE TO BUDGET.
From youtube.com/bankofenglanduk|Nov 7, 2024Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in Nov 2024 and answers questions from the press.
From pymnts.com|Oct 27, 2024If the U.K. adopts a digital currency, citizens shouldn’t expect cash and coins to disappear. That’s according to Bank of England Governor Andrew Bailey, who said Saturday (Oct. 26) that the central bank will continue to provide paper money “for as long as people want.” “The evidence is they do want it, so we will continue to supply it,” added Bailey, whose comments at the Group of Thirty’s 39th Annual International Banking Seminar in Washington were reported by Bloomberg News. The Bank of England (BoE) announced during the summer it ...
| Released on Dec 4, 2024 |
|---|
| Released on Nov 29, 2024 |
|---|
| Released on Nov 14, 2024 |
|---|
| Released on Nov 7, 2024 |
|---|
| Released on Oct 26, 2024 |
|---|
- Details