BoE's Bailey: June interest rate change neither ruled out nor a fait accompli


Reuters | London | Updated: 09-05-2024 17:14 IST | Created: 09-05-2024 17:14 IST
BoE's Bailey: June interest rate change neither ruled out nor a fait accompli
  • Country:
  • United Kingdom

A change in the Bank of England's main interest rate in June can neither be ruled out, nor considered a fait accompli, BoE Governor Andrew Bailey told a press conference on Thursday after the bank kept interest rates on hold at 5.25%.

"Let me be clear, a change in Bank Rate in June is neither ruled out nor a fait accompli," Bailey said.

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