BOE's Bailey Says Inflation 'Could Be Sticky'

Bank of England Governor Andrew Bailey, speaking on the decision to keep interest rates on hold, said inflation is still "well above the 2% target" and "could be sticky." He...

By Bloomberg Markets · Bloomberg Markets

Bank of England Governor Andrew Bailey, speaking on the decision to keep interest rates on hold, said inflation is still "well above the 2% target" and "could be sticky." He speaks at a news conference in London. (Source: Bloomberg)