Skip to Navigation Skip to Posts Skip to Content
🇬🇧 Bailey anchors a hold before June's services CPI test
The day in view

🇬🇧 Bailey anchors a hold before June's services CPI test

Macro Soup Newsroom Macro Soup Newsroom 4 min read

Bailey's Reykjavik remarks were conditional, not dovish. UK services CPI fell to 3.2% in April, but a re-acceleration toward 4%-plus in the May release lands the same week as the June 18 Monetary Policy Committee decision.

Andrew Bailey in a suit gesturing with both hands while seated at a conference next to a woman in a white jacket, with a blue city skyline screen behind them.
Bank of England Governor Andrew Bailey addressed the Reykjavík Economic Conference on Friday, providing forward-looking signals on the central bank's stance ahead of the next Monetary Policy Committee meeting. Source

Read next

Featured Post The week in view

📰 Weekly Macro Roundup: 2026-11-07

3 min read
Paid Post The week in view

🇨🇳 Beijing lowers the funding floor quietly, leans on the yuan and asks firms to buy their own shares

4 min read

Become a Member

Daily and weekly briefings on global markets, for self-directed investors who want to be informed, not doomscrolled.

Sign up now

Daily macro and markets briefings for self-directed investors. Global coverage, no doomscrolling.

© 2026 Macro Soup - Macro Soup is an independent publisher of financial news and research. The information provided in this website (the "Content") is general, impersonal, and for informational and educational purposes only. It does not constitute investment, financial, tax, or legal advice, nor a recommendation, offer, or solicitation to buy, sell, or hold any security or investment. Macro Soup has no regard for any recipient's specific investment objectives, financial situation, or needs. Investing involves substantial risks, including possible loss of principal, and past performance is not indicative of future results. You should consult your own advisors before making investment decisions and should double check all Content before you rely on it. Please review the full Disclaimer.