BoE’s Bailey: There are risks of inflation persistence and we have to respond

Bank of England (BoE) Governor Andrew Bailey faces questions by the UK parliament's Treasury Select Committee (TSC) about the central bank's May Monetary Policy Report.

Key quotes

There are risks of inflation persistence and we have to respond.

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BoE’s Pill: We are trying to understand why we have made errors in inflation forecasts

Bank of England (BoE) Chief Economist Huw Pill testifies before the UK parliament's Treasury Select Committee (TSC) about the central bank's May Monet
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EUR/USD: Correction to continue after weak PMI figures – SocGen

Kit Juckes, Chief Global FX Strategist at Société Générale, expects the EUR/USD pair to remain under downside pressure as activity in manufacturing de
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