A post by @FirstSquawk on X.
BAILEY: LAST 48 HOURS OF NEWS HAS IMPORTANT BEARING ON OUTLOOK
@FirstSquawk on X
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Bank of England Governor Andrew Bailey said the news of the past 48 hours has an important bearing on the economic outlook, in remarks flagged by First Squawk. The comment signals that policymakers are reassessing conditions in light of recent developments, though the headline gave no specifics on which events or data he was referencing. Markets will watch for fuller remarks from Bailey to clarify whether the shift points toward a change in the rate path.
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Andrew Bailey