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Bailey speech: We are facing a weak growth environment in the UK

FXStreetFeb 18, 2025 9:39 AM

Bank of England (BoE) Governor Andrew Bailey participated in a panel discussion titled "Preserving and enhancing open financial markets" at an event hosted by Bruegel, in Brussels, on Tuesday.

Key quotes

We are in a period of heightened uncertainty.

We are facing a weak growth environment in the UK.

developing story ....

Market reaction

At the press time, GBP/USD is trading 0.16% lower on the day, easing to test 1.2600.

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