{"id":68307,"date":"2022-07-11T20:46:23","date_gmt":"2022-07-11T16:46:23","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68307"},"modified":"2022-07-11T20:47:17","modified_gmt":"2022-07-11T16:47:17","slug":"boes-bailey-several-things-on-table-for-august-meeting","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boes-bailey-several-things-on-table-for-august-meeting\/07\/11\/market-updates\/","title":{"rendered":"BoE\u2019s Bailey: Several things on table for August meeting"},"content":{"rendered":"\n<p>While testifying before the UK Treasury Select Committee on Monday, Bank of England (BOE) Governor Andrew Bailey argued that they should not pre-commit to the next policy move and said they have a range of options for the August meeting.<br><br>Bailey\u2019s comments failed to help the British pound find demand and the GBP\/USD pair was last seen losing 1.1% on a daily basis at 1.1895.<br><br><strong>Key Quotes:<br><\/strong><br>&#8220;UK is facing a very big real income shock.&#8221;<br><br>&#8220;We need to assess how much real income shock will bring down inflation itself.&#8221;<br><br>&#8220;We expect inflation to be back to target in around two years, other things being equal.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While testifying before the UK Treasury Select Committee on Monday, Bank of England (BOE) Governor Andrew Bailey argued that they should not pre-commit to the next policy move and said they have a range of options for the August meeting.Bailey\u2019s comments failed to help the British pound find demand and the GBP\/USD pair was last &hellip;<\/p>\n","protected":false},"author":13,"featured_media":51338,"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":[37,36],"tags":[7562,6967],"class_list":["post-68307","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-andrew-bailey","tag-boe"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68307","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=68307"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68307\/revisions"}],"predecessor-version":[{"id":68311,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68307\/revisions\/68311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51338"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}