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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Bank of England Governor Andrew Bailey in London, on July 30. The Bank of England kept interest rates steady at 3.75% on Thursday, with Governor Andrew Bailey insisting his committee is not getting closer to a hike despite three members voting for tighter policy. Catherine Mann joined Megan Greene and Chief Economist Huw Pill in voting for a quarter-point increase in bank rate, yet the six other members — including Bailey — pointed to softer price pressures than had been expected.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Bank of England Governor Andrew Bailey in London, on July 30. The Bank of England kept interest rates steady at 3.75% on Thursday, with Governor Andrew Bailey insisting his committee is not getting closer to a hike despite three members voting for tighter policy. Catherine Mann joined Megan Greene and Chief Economist Huw Pill in voting for a quarter-point increase in bank rate, yet the six other members — including Bailey — pointed to softer price pressures than had been expected.
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