Bailey speech: Last policy decision was a tight one

Bank of England (BoE) Governor Andrew Bailey spoke at the Institute of Global Finance Annual Membership Meeting, in Morocco, on Friday.

Extra quotes

Closing protection decision became once a factual one.

Future choices will continue being tight.

Coverage is restrictive and it has to be.

Sees progress on inflation nevertheless there would possibly possibly be quiet work left to place.

Market reaction

On the time of writing, GBP/USD is buying and selling at above 1.2200, up 0.33% on the day.

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