{"id":54849,"date":"2021-11-15T22:42:37","date_gmt":"2021-11-15T18:42:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54849"},"modified":"2021-11-15T22:43:41","modified_gmt":"2021-11-15T18:43:41","slug":"boe-governor-extremely-uneasy-about-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boe-governor-extremely-uneasy-about-inflation\/11\/15\/market-updates\/","title":{"rendered":"BoE Governor Extremely Uneasy About Spiking Inflation"},"content":{"rendered":"\n<p>Andrew Bailey, governor of the Bank of England, declared before members of the Parliament that he is \u2018very uneasy\u2019 about the UK\u2019s inflation situation, in comments that suggest he could vote for an interest rate rise soon.<br><br>Testifying to the Treasury Committee, Bailey said this month\u2019s vote to leave interest rates on hold was a \u2018very close call\u2019.<br><br>Bailey warned that the labour market looks tight, and pointed to anecdotal evidence that the end of the UK\u2019s leave scheme had generated little additional unemployment to the present moment.<br>\u201cThe labour market looks tight, that\u2019s the big issue at the moment\u201d, Bailey said. He also explained that he wants to see the impact of ending the furlough scheme on unemployment before deciding to raise interest rates, but reminded MPs about the inflation mandate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andrew Bailey, governor of the Bank of England, declared before members of the Parliament that he is \u2018very uneasy\u2019 about the UK\u2019s inflation situation, in comments that suggest he could vote for an interest rate rise soon.Testifying to the Treasury Committee, Bailey said this month\u2019s vote to leave interest rates on hold was a \u2018very &hellip;<\/p>\n","protected":false},"author":13,"featured_media":47414,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,37,36],"tags":[7562,6967,7664,7517,7822,6835],"class_list":["post-54849","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates","tag-andrew-bailey","tag-boe","tag-interest-rate-hike","tag-interest-rates","tag-labour-market","tag-uk"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54849"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54849\/revisions"}],"predecessor-version":[{"id":54859,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54849\/revisions\/54859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/47414"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}