Andrew Bailey, Governor of The Bank of England, speaking about inflation told the Commons Treasury select committee yesterday:
“I’m very uneasy about the inflation situation.
I want to be very clear on that. It is not, of course, where we wanted to be, to have inflation above target. On the decision itself, however, it was a very close call in my view,”
In reality the vote was 7-2!
Given that his last comments about inflation were nonsense, maybe he should just keep his mouth shut in future?
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