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BoE’s Bailey links tax rises to need for measured policy easing

Started by forex4you, Nov 20, 2024, 04:53 am

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Nov 20, 2024, 04:53 am
BoE's Bailey links tax rises to need for measured policy easing


BoE Governor Andrew Bailey highlighted in a parliamentary committee hearing today that the Labour government's tax increases, outlined in the Autumn Budget, support the central bank's gradual approach to easing monetary policy. He explained, "There are different ways in which the increase in employer National Insurance Contributions announced in the Autumn Budget could play out […]


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