Financial insights visualization: Bank of England Governor Andrew Bailey signaled that markets are overpricing rate hikes; this appears repeatedly in tweets 4, 9, 16, and 25., Bailey said the MPC may debate a precautionary rate rise, but any decision must be judged against the BoE remit and returning inflation to target; repeated in tweets 10, 28, 46, and 50.
BoE’s Bailey says markets are overpricing rate hikes.
On Apr. 1, he said any MPC move must fit the remit and inflation target, while limiting harm to growth and jobs. Energy shocks, private credit confidence, and stretched gilts raise the stakes now. #BoE #Rates #UKMarkets