(Reporting by Muvija M and Farouq Suleiman)
outside the UK: +91 80 61822698; Twitter: )) LONDON, March 27 (Reuters) - Bank of England Governor
Andrew Bailey said on Monday that the full effect of the higher
level of interest rates was still to work its way through
financial markets and the real economy.
"When we look at the outlook for inflation today, we have to
recognise that the full effect of the higher level of Bank Rate
is still to work its way through financial markets and the real
economy," Bailey said in the text of a speech at the London
School of Economics.
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