Stock Groups

BoE’s Bailey sees UK economy regaining pre-pandemic level in early 2022 By Reuters

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO. Andrew Bailey, Governor of Bank of England, leaves Downing Street in London on September 16, 2021. REUTERS/Hannah McKay

LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that he expected Britain’s economy to recover its pre-pandemic level of output early next year, a little later than the central bank had predicted last month.

Bailey stated at a European Central Bank panel that “I expect we to be back at the pre-pandemic stage in the early part next year,” possibly one to two months earlier than we expected.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are issued by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]