Business & Finance
BOE Governor Bailey on Rates, Uncertainty, Labor Market
Key Points
Jul 30th, 2026 BOE Governor Bailey on Rates, Uncertainty, Labor Market Bank of England Governor Andrew Bailey tells Bloomberg's Francine Lacqua there is "huge uncertainty" in the world at the moment, including around energy prices. He also discusses the Monetary Policy Committee's decision to hold interest rates at 3.75% in July and the labor market. "I think we are seeing softness in the labor market," Bailey says.
Jul 30th, 2026
BOE Governor Bailey on Rates, Uncertainty, Labor Market
Bank of England Governor Andrew Bailey tells Bloomberg's Francine Lacqua there is "huge uncertainty" in the world at the moment, including around energy prices. He also discusses the Monetary Policy Committee's decision to hold interest rates at 3.75% in July and the labor market. "I think we are seeing softness in the labor market," Bailey says.