BoE's Bailey: no steer on future interest rates, depends on evidence

BoE's Bailey: no steer on future interest rates, depends on evidence
Andrew Bailey Image Credit: Flickr
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  • United Kingdom

Bank of England Governor Andrew Bailey said on Thursday he was not giving directional steer on future interest rate decisions, adding that the central bank will be guided by evidence.

"We are not giving directional steer on rates," Bailey said at a press conference after the bank raised its key interest rate. "We will be guided by the evidence and that's very important."

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