BOE Sees Case for Another Rate Hike If Iran War Doesn't End
"I'm not going to sign up to the two-and-done point," Bank of England Governor Andrew Bailey says when asked if a second interest-rate increase is on the cards following Thursday's decision to hike. "Absent a resolution of the conflict in the Middle East, and I think I put this in my commentary in the minutes, I could see the case for a further 25 [basis points]," Bailey says at a news conference…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
