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Bank of England Governor Assesses Risk of Second-Round Inflation in UK

Bank of England Governor Andrew Bailey said on October 16, 2026, that there is little evidence yet of inflation becoming embedded in UK price and wage-setting, though it is too early to judge second-round effects from Middle East war-driven energy price increases.

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Oct 15, 11:54 PM wsj.com Bank of England Governor Says Too Early to Make Call on Second-Round Inflation
Oct 15, 8:21 PM bloomberg.com BOE’s Bailey Sees Little Evidence of Second-Round Inflation