BoE Governor Bailey: No evidence of second-round effects; cannot draw too much comfort from this

• We stand ready to adjust our stance as the outlook evolves
• UK economic activity is subdued, and the labour market is soft
• There is little as of yet to suggest higher energy prices are embedded
• While household inflation expectations have fallen, they remain elevated
• more to come...

This article was written by Giuseppe Dellamotta at investinglive.com.

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