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Gov. Bailey Delivering Evidence To Commons Treasury Committee

BOE

Bank of England Governor Andrew Bailey is delivering evidence to the House of Commons Treasury Committee presently. He is alongside Sir Dave Ramsden, Deputy Governor, Markets and Banking, and Jonathan Haskel and Michael Saunders, External Members of the Monetary Policy Committee.

  • Link to livestream: https://parliamentlive.tv/Event/Index/eb8510a1-697...
  • Steven Swinford at The Times tweets: "[Committee chair] Mel Stride [Con, Central Devon] asks Andrew Bailey ...if he has been 'asleep at the wheel' over inflation. He says decisions were based on 'facts and evidence at the time' ... Andrew Bailey says soaring inflation is a 'bad situation to be in' but says 'we can't predict things like wars - that's not really in our power'. 'A sequence of shocks like this is really unprecedented'. He raises concerns about 'very weak numbers out of China' following lockdown."

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