Bailey: BOE Sees Inflation Little Over 3.5% by Year End
What's reported
Bank of England Governor Andrew Bailey said inflation is expected to rise to “a little over 3.5% by the end of the year” as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank’s decision to keep interest rates on hold with several policymakers saying they might consider future hikes.
Why it matters
This story is appearing in the Finance & markets feed and is being tracked across multiple outlets. We'll update this post as further details emerge from the primary source.
What to watch
- Confirmation or correction from the original outlet.
- Cross-source coverage in the next news cycle.
- Any official statements or follow-up reporting.
Sources
Related stories
Stock Market Today: Dow Rises After Inflation Data; Caterpillar Soars Past Entry, Meta Plunges (Live Coverage) - Investor's Business Daily
a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxNaVVfX0JIRVNsUVJvR2tBVUg5R01DTmFSTDZNdkxDWUFZZlFIblBsWTl6c2k3QlVvcHhYRDJrTXN2S0tmRE5qZHpUT3E1MFpHYzhlYU1ReDZOT3R6OWlBMWZvY3J2RVUxbm9TM2FMX0hBOTJtaGxiazdQaU1JaFVDVUVSTWtCVWpWbTQyVTAweUNQcVFSaGV0Q1RuSnpZTUlscHdId0g5NnJfU1V
Stock Market Today (Apr. 30, 2026): Dow, Russell 2000 slated for stronger open after Microsoft, Alphabet earnings - thestreet.com
a href="https://news.google.com/rss/articles/CBMiggFBVV95cUxOUFUwdjJfaWVVeTlXLW5tcV9ObzVSSnNEQU1YeU54Rl9IY0dIOUp5aDFNQjhHVF91aUlRUEdzZlN3eTNWTHAxbXZGUi11QlJXZW1RQ3RueXRmYm5jMWlnNnJmVGt6dTc5QmE2LWR2UTBPbzQzZlU1eGNTSFR2ZlZpQl9R?oc=5" target="_blank" Stock Market Today (Apr. 30, 202
Bank of England Holds Rates as Officials Consider Hikes Ahead
The Bank of England kept interest rates on hold with several policymakers saying they might consider future hikes, just as oil prices soared within reach of the central bank’s most pessimistic scenario for the economy.
Trump said his blockade would cause Iran s oil industry to explode this week. Why that won t happen
The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who will move is unclear.