August 06, 2020 at 01:01PM
BOE’s Bailey: There is an awful lot of risk to the downside in our forecasts
BOE governor, Andrew Bailey, speaks in a Bloomberg TV interview
– UK has ‘a lot of yards’ to make in recovery
– BOE ready to support the economic recovery
This reaffirms his message earlier in the day alongside his warning that one shouldn’t be deceived by the rebound in the UK economy so far.