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BOE’s Bailey Warns of Possible AI Rationing on Capacity Limits

BOE’s Bailey Warns of Possible AI Rationing on Capacity Limits
Bloomberg Technology Friday 05 June 2026, 20:22 UTC By Tom Rees 1 min read
Key Points

Andrew Bailey, governor of the Bank of England (BOE), during a Bloomberg Television interview at the Reykjavik Economic Conference in Reykjavik, Iceland, on Friday, May 29, 2026. The Bank of England could tolerate inflation temporarily staying above its 2% target in order to support the UK's weak economy, Governor Andrew Bailey said - so long as second-round price effects do not emerge.

Andrew Bailey, governor of the Bank of England (BOE), during a Bloomberg Television interview at the Reykjavik Economic Conference in Reykjavik, Iceland, on Friday, May 29, 2026. The Bank of England could tolerate inflation temporarily staying above its 2% target in order to support the UK's weak economy, Governor Andrew Bailey said - so long as second-round price effects do not emerge.
BOE (LOCATION) Bailey Warns (PERSON) Andrew Bailey (PERSON) the Bank of England (ORG) Bloomberg Television (ORG) the Reykjavik Economic Conference (EVENT) Reykjavik (LOCATION) Iceland (LOCATION) UK (LOCATION)
Originally published by Bloomberg Technology Read original →

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