Bank of England governor Andrew Bailey forecasts another big drop in inflation, boosting hopes for a cut in interest rates
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Bank of England governor shrugs off smaller-than-expected fall in inflation
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe governor of the Bank of England, Andrew Bailey, has shrugged off a smaller-than-expected drop in inflation last month, saying he expected a sharp fall towards the government’s 2% target next month.Speaking in Washington after news that the government’s preferred measure of the cost of living had eased to 3.2% in...
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It's time to revisit Bank of England independence
Independence should not mean the Bank of England is shielded from government scrutiny and accountability to the public, says Damian Pudner Last week, a striking disclosure by former prime minister Liz Truss reignited the debate on the delicate balance between political authority and the operational independence of central banks – a topic with profound implications []
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British conductor Sir Andrew Davis dies aged 80
British conductor Sir Andrew Davis has died at the age of 80, his agent confirmed.