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πŸ‡¬πŸ‡§ Bailey pitches growth at Mansion House while Treasury's own numbers price in a hike

πŸ‡¬πŸ‡§ Bailey pitches growth at Mansion House while Treasury's own numbers price in a hike

Andrew Bailey pitched growth-friendly regulation at his July 14 Mansion House speech. The same evening, Treasury projections put Q4 inflation at 3.2% and modeled a $150-a-barrel oil shock, both pointing to another rate hike.

Three people standing before an ornate fireplace: woman in navy dress on left, woman wearing mayoral chain in center, man in dark suit on right, in formal room with red patterned carpet.
Bank of England Governor Andrew Bailey and Chancellor Rachel Reeves spoke at the Mansion House dinner, where Bailey called for prioritizing economic growth amid geopolitical tensions. Source

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