The cost of living
1 March 2023 · Andrew Bailey , Governor of the Bank of England (United Kingdom)
Summary written by Dark Majestic in its own words · topics: inflation and price stability
AB 1 Mar 2023 · Andrew Bailey Wiki · Bank of England Wiki The cost of living Context Speech at Brunswick Group's cost of living conference at Coin Street in London; the Bank of England keeps inflation low and listens to how households feel price rises.
Why it matters Bailey reports what households told the Bank about rising living costs.
Problems raised UK inflation is above 10%. Households suffer from the cost of living. Persistent inflation pressures may remain. Solutions proposed Listen to people through outreach events. Tighten further if inflation proves persistent. Explain policy to the public. Read full speech on bis.org ↗ More from Andrew Bailey · Bank of England · all speeches
More speeches by Andrew Bailey Other leaders on inflation and price stability
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