Energy prices and labour supply threaten financial stability, Andrew Bailey warns

Treasury Committee meeting addresses inflation

clock • 2 min read
Andrew Bailey questioned before Treasury Committee

Andrew Bailey questioned before Treasury Committee

Inflation in the UK remains a temporary phenomenon, according to Bank of England govenor Andrew Bailey, although the ongoing energy bills crisis poses a genuine concern to consumers.

In a Treasury Committee meeting held on Wednesday (19 January), Bank of England officials were questioned about the impact of inflation and interest rates on the nation's financial stability. The meeting...

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