20:47:05
Bank of England Governor Bailey: We must ensure that inflation falls back to the 2% target level.
20:46:41
Bank of England Governor Bailey: We are making good progress in reducing inflation.
20:46:37
Bank of England Governor Bailey: Events in the Middle East have indeed brought uncertainty and there is a risk of rising energy prices.
20:44:53
Broadbent, Deputy Governor of the Bank of England: Whether GDP growth is slightly negative or slightly positive, it will not affect monetary policy.
20:43:49
Bank of England Governor Bailey: There is still a long way to go in curbing inflation.
20:43:45
The U.S. 30-year Treasury bond yield fell 10 basis points on the day.
20:43:23
Bank of England Governor Bailey: We need to pay close attention to more signs of continued inflation that may lead to the need to raise interest rates again.
20:42:31
Bank of England Governor Bailey: How long the tightening stance needs to continue depends on the performance of upcoming data.
20:42:22
Bank of England Governor Bailey: We must carefully consider the balance of risks between doing too little and doing too much.
20:42:17
Bank of England Governor Bailey: We should not keep monetary policy restrictive for too long.
20:37:46
Bank of England Governor Bailey: Wage growth is "well above" comfortable levels.
20:37:34
Russian Defense Ministry: Nine drones were shot down near nuclear power plants.
20:37:19
Bank of England Governor Bailey: Employment is likely to remain roughly flat in the coming months.
20:36:39
Russian Defense Ministry: Ukraine tried to endanger the safety of the Zaporozhye nuclear power plant.
20:35:01
Bank of England Governor Bailey: Food inflation is falling slightly faster.
20:34:57
Bank of England Governor Bailey: The current inflation level is slightly lower than in August.
20:34:39
Bank of England Governor Bailey: It is very important for service sector inflation to fall steadily next year.
20:33:57
Bank of England Governor Bailey: Conflict in the Middle East poses upward risks to inflation.
20:33:50
The yield on the 2-year U.S. Treasury bond fell to 4.935%, and the inversion of the 2/10-year U.S. Treasury yield curve deepened to 28 basis points.
20:33:21
Bank of England Governor Bailey: Inflation is expected to be slightly below 5% in October.