BoE Governor cautions markets on interest rate hike bets

Governor Andrew Bailey stated that financial markets are moving too quickly in expecting rate increases. He emphasized that the central bank remains on hold.

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Andrew Bailey, the Governor of the Bank of England, has cautioned financial markets against assuming that interest rate increases are imminent. His comments follow a period of heightened speculation after the central bank chose to keep rates unchanged.

Governor of the Bank of England Andrew Bailey poses for a photograph during a visit to the Reuters headquarters in London, Britain, March 5, 2026. REUTERS/Jack Taylor/File Photo
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