If that continues, we should be able to reduce rates gradually over time,” said Bank Gov. Andrew Bailey.
Bank of England keeping its main interest rate on hold at 5% in wake of big U.S. Fed rate cut
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Andrew Bailey, governor of the Bank of England, argued that central banks cannot guarantee that high inflation will never appear - only that they will try to drive it back down when it does.
Fed welcomes a 'soft landing' though many Americans don't feel like cheering
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