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BoE’s Bailey: Our commitment to the 2% inflation target is unwavering

  • Our commitment to the 2% inflation target is unwavering.
  • It is good we have a diversity of views on MPC.
  • We will use scenarios as vehicles for exploring risks around the baseline and accomodating differences of views on the committee.
  • The latest choice of BoE scenarios does not mean inflation risk skewed in one direction.
  • We are on course to put inflation surge firmly behind us.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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