BOE Bailey: We will need to act if approriate | Crypto Craft

  • BOE Bailey: We will need to act if approriate

    From investinglive.com

    Bank of England Governor Bailey struck a cautious tone, emphasizing risks around inflation, financial stability, and growth, while signaling the need to stay flexible on policy as conditions evolve. • If high energy prices and supply disruptions persist, it will strain many countries significantly • Policy will respond if needed, but addressing the root cause of energy price shocks is most important • Returning inflation to target remains essential, with a focus on minimizing damage to growth and employment • Inflation expectations are closely monitored, though short-term moves often track headline inflation ... (full story)

Added at 7:34am

Comment Options
    •   Newer Stories
    US retail sales rose more than expected in February

    From edition.cnn.com|Apr 1, 2026|1 comment

    Americans stepped up their spending at US retailers in February, after three consecutive months of declines, showing the US consumer hasn’t tapped out yet in the face of weak job ...

    Trump: Iran’s New Regime President just asked the USA for a ceasefire! We will consider when...

    From @realDonaldTrump|Apr 1, 2026|316 comments

    Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE! We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!! President DJT

    Musalem: The Economic Outlook and Monetary Policy

    From stlouisfed.org|Apr 1, 2026

    Good morning. I would like to thank the American Enterprise Institute for the invitation to speak with you today, and I look forward to an engaging discussion with Michael Strain.1 The AEI is dedicated to advancing free markets and improving lives, for example, by focusing on growth, jobs and inflation. AEI scholars have emphasized the importance of basing monetary policy decisions on economic facts and data—rather than the political needs of the moment. That is the cornerstone of central bank independence. History has shown that countries with independent central banks have better outcomes in terms of stronger economic growth and low and stable inflation. With independence comes an obligation for accountability and transparency. That is why my Federal Open Market Committee (FOMC) colleagues and I are constantly engaging with stakeholders, why we are transparent about the factors that go into our decision-making, and why I am here today to share my views. These are my personal views and not necessarily those of other FOMC participants. The economic outlook is highly uncertain. A baseline scenario for 2026 has real GDP growing close to potential, the unemployment rate holding around its current level, and core inflation beginning to gradually ease toward 2% later in the year. But other outcomes are plausible. The risks to the labor market and inflation both tilt in unfavorable directions, that is, toward a weaker labor market and greater ST LOUIS FED'S MUSALEM Q&A/AEI: ECON PICTURE 'HIGHY UNCERTAIN;' REPEATS, POLICY 'WELL POSITIONED;' WATCHNG CLOSELY #Musalem #FederalReserve #economy FED'S MUSALEM SAYS MONETARY POLICY IS AT THE LOW SIDE OF THE NEUTRAL RANGE. Fed's Musalem: Holding rates is likely appropriate for some time Fed's Musalem: Supply shocks carry greater inflation risks in the current environment

  • Story Stats

  • Related Stories