Bank of England Governor Opposes Increasing Inflation Target

Bank of England Governor Andrew Bailey stated that the inflation target should not be increased, believing inflation would currently be at 2% without the conflict in the Middle East.

2 Jun, 15:59 — 2 Jun, 15:59

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The IndependentMostly Factual57d ago

Inflation target should not be increased, says Bank governor

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

By Henry Saker-Clark

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Bank of England Governor Opposes Increasing Inflation Target

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Inflation target should not be increased, says Bank governor

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