{"id":83972,"date":"2023-05-11T21:22:59","date_gmt":"2023-05-11T17:22:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=83972"},"modified":"2023-05-11T21:30:01","modified_gmt":"2023-05-11T17:30:01","slug":"bailey-we-are-approaching-the-point-of-reversing-monetary-policy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bailey-we-are-approaching-the-point-of-reversing-monetary-policy\/05\/11\/breaking-news\/","title":{"rendered":"Bailey: We are approaching the point of reversing monetary policy"},"content":{"rendered":"\n<p>BoE governor Andrew Bailey said \u201cWe are approaching the point when we should be able to let level of rates rest\u201d in statements delivered after central bank raised interest rate by 25 basis points.<\/p>\n\n\n\n<p>\u201cWe have not yet seen evidence that allows us to be sure rates can stay on hold\u201d he added.<\/p>\n\n\n\n<p>He also stated that the Monetary Policy Committee of BoE is \u201capproaching the point when we should be able to pause\u201d<\/p>\n\n\n\n<p>Bank of England is still fighting inflation using rate hikes, the mots effective monetary policy tool in combating extremely rising prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BoE governor Andrew Bailey said \u201cWe are approaching the point when we should be able to let level of rates rest\u201d in statements delivered after central bank raised interest rate by 25 basis points. \u201cWe have not yet seen evidence that allows us to be sure rates can stay on hold\u201d he added. He also &hellip;<\/p>\n","protected":false},"author":13,"featured_media":34287,"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],"tags":[7562,6967,6877,7046],"class_list":["post-83972","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","tag-andrew-bailey","tag-boe","tag-dollar","tag-sterling"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83972","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=83972"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83972\/revisions"}],"predecessor-version":[{"id":83973,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83972\/revisions\/83973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34287"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=83972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=83972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=83972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}