BOE's Bailey: We have seen a weakening in demand but also a weakening on the supply side
BOE GOV. BAILEY: WE HAVE SEEN A WEAKENING IN DEMAND BUT ALSO A WEAKENING ON THE SUPPLY SIDE.— Breaking Market News (@financialjuice) November 21, 2023
BOE GOV. BAILEY: WE SEEING SOME INDICATIONS OF PICK UP IN ARREARS BUT FROM A LOW LEVEL.— Breaking Market News (@financialjuice) November 21, 2023
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tweet: ECB'S SIMKUS: MARKET EXPECTATIONS ON ECB RATE CUTS ARE TOO OPTIMISTIC.
tweet: BOE GOV. BAILEY: THE LATEST DECLINE IN INFLATION WAS GOOD NEWS. NEWS ON INFLATION WAS LARGELY AS WE EXPECTED. tweet: BOE GOV. BAILEY: FURTHER DECLINE IN FOOD INFLATION WILL COME IN 1Q. WE WILL THEN LOOK TO SEE SECOND ROUND EFFECTS UNWIND. tweet: BOE GOV. BAILEY: INFLATION WILL END YEAR A LITTLE LOWER THAN WE EXPECTED, BUT NOT BY MUCH. tweet: BOE GOV. BAILEY: WE'VE SEEN SOME WEAKENING ON THE QUANTITY SIDE OF LABOUR MARKET. tweet: BOE GOV. BAILEY: THERE ARE SOME SIGNS THAT WAGE GROWTH IS COMING OFF, BUT WELL ABOVE THE INFLATION TARGET AT A CONSISTENT LEVEL.
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