Bank of England walking 'tight line' in inflation battle, warns Bailey - This is Money


4/21/2022 12:00:00 AM3 yearsago
by Lucy White

Andrew Bailey (pictured) said there was a real risk that raising rates too fast slam Britain's economic recovery from the pandemic into reverse.

The Bank of England is walking a very tight line between curbing inflation and tipping the UK into a recession, its governor has warned. Andrew Bailey said there was a real risk that raising rates t… [+3159 chars]

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