BoE's Bailey: part of upward market curve reflects risk premia, not expected rates; restrictiveness broadly appropriate

Bank of England Governor Andrew Bailey says some of the upward movement in the market curve is explained by risk premia rather than expected rates, that the current level of policy restrictiveness is broadly appropriate, that pre-existing domestic inflation pressures remain high, and that he does not think the BoE has moved too late.

Detected & updated continuously · Source: Nebula