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- BoE's governor Bailey: We will move to the future with multi-dimensional choices on what tools to use
BoE's governor Bailey: We will move to the future with multi-dimensional choices on what tools to use
- If outlook for inflation weakens, MPC will take whatever action necessary
- Outlook remains unusually uncertain for economy
- On negative rates, there are a range of views on MPC on how PRA should respond
- Economic outlook risks have become more two-sided
- It's not easy to reach a firm view on how much UK households will release savings built during the pandemic
- Don't take any signal from negative rate preparations
- Q4 GDP numbers have turned out stronger than expected
- My message to markets is do not read future MPC decisions based on toolbox moves
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