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Apr 16, 2024
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do you think andrew baile , was doing. do you think andrew bailey. the _ was doing. do you think andrew bailey, the governor, _ was doing. do you think andrew bailey, the governor, should i was doing. do you think andrew bailey, the governor, should bej was doing. do you think andrew- bailey, the governor, should be out? well, i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. ~ . didn't know we were sitting on a tinderbox. . . , ., , didn't know we were sitting on a tinderbox— didn't know we were sitting on a tinderbox. . . , ., , tinderbox. which you set fire to? of course... tinderbox. which you set fire to? of course- -- are _ tinderbox. which you set fire to? of course... are you _ tinderbox. which you set fire to? of course... are you looking _ tinderbox. which you set fire to? of course. .. are you looking for- course... are you looking for someone else to blame? gardening i do believe that... _ someone else to blame? gardening i do believe that... what _ someone else to blame? gardening i do believe that... what i
do you think andrew baile , was doing. do you think andrew bailey. the _ was doing. do you think andrew bailey, the governor, _ was doing. do you think andrew bailey, the governor, should i was doing. do you think andrew bailey, the governor, should bej was doing. do you think andrew- bailey, the governor, should be out? well, i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. ~ . didn't know we were sitting on a tinderbox. . . , ., , didn't know we...
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Apr 17, 2024
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. >>> bank of england governor andrew bailey says the uk economy is disinflating at full employment, but he stressed falling inflation is working its way through. speaking of imf, bailey also addressed possible policy diversions between the bank of england and the u.s. fed. >> i think it's rather different between europe geographically now and the u.s. i think there's more demand-laden pressure that i think we're seeing. i think the inflation dynamics are different. we're still seeing an extension of the process coming out of the big supply shocks that we had, the impact of the war, the impact of coming out of covid. >>> with the latest comments from the fed, the boe, and now we look at our fed. christine lagarde said the ecb will cut rates soon barring surprises. it's steadily moving toward its target, adding that officials just need to build a bit more confidence before cutting rates. sara eisen asked the ecb president as well whether three rate cut this year is a reasonable expectation. >> i wouldn't comment on that because if you had asked me two or three months ago, i would be e
. >>> bank of england governor andrew bailey says the uk economy is disinflating at full employment, but he stressed falling inflation is working its way through. speaking of imf, bailey also addressed possible policy diversions between the bank of england and the u.s. fed. >> i think it's rather different between europe geographically now and the u.s. i think there's more demand-laden pressure that i think we're seeing. i think the inflation dynamics are different. we're still...
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Apr 15, 2024
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do you think andrew bailey, the governor, should be out? well, i don't support his continuation in thejob. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect. it's all very well saying, liz, do you accept any of the blame? i'm frankly not going to let them get off the hook. you talk in the book about the deep state. isn't that to indulge in conspiracy theory kind of quackery? well, it's a description of a group of people, an orthodoxy, a groupthink that is not accountable to electors. so you'd get rid of the office for budget responsibility? yes, tomorrow. you offer plenty of praise of donald trump in the book. do you hope he wins again in the autumn? yes, i do. why? because i believe that we need a strong america. under donald trump, when he was president of the united states, the world was safer. how, then, do we, in
do you think andrew bailey, the governor, should be out? well, i don't support his continuation in thejob. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect. it's all very well saying, liz, do you accept any of the blame? i'm frankly not going to let them get off the hook....
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Apr 17, 2024
04/24
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really consequential given the things we will be hearing from andrew bailey. suggesting the inflation dynamics are looking more positive here. 10:00 a.m., yucatan. the big -- a buildout in the euro zone. and 7:00 p.m. yucatan it is the fed beige book. details of the 12 districts the fed covers and real color on the u.s. economy. 7:00 p.m. yucatan. the u.s. says it will impose new sanctions on iran in the coming days. we have the details next. plus jp morgan is all in on a i. don't miss the best of their interview with jamie dimon. that conversation later in the show. this is bloomberg. ♪ >> >> welcome back to bloomberg daybreak: europe. the u.s. as it will impose new sanctions on iran. they are pushing into a wider conflict and an unprecedented attack there. patrick has been following all this progress. the key question is what significance the sanctions really are. is this merely symbolic for the u.s.? >> that is right. it was specifically intended because there was the nation -- the nature of this attack that you mentioned. the use planning similar moves.
really consequential given the things we will be hearing from andrew bailey. suggesting the inflation dynamics are looking more positive here. 10:00 a.m., yucatan. the big -- a buildout in the euro zone. and 7:00 p.m. yucatan it is the fed beige book. details of the 12 districts the fed covers and real color on the u.s. economy. 7:00 p.m. yucatan. the u.s. says it will impose new sanctions on iran in the coming days. we have the details next. plus jp morgan is all in on a i. don't miss the best...
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Apr 18, 2024
04/24
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that coupled with weight -- rate differentials and comments from andrew bailey, the fact that the ecb is likely to start cutting as soon as you. there is that divergence, whether it's on rates or growth. that's going to keep the dollar supported. so yes you could have some sort of a reprieve. you could have some sort of resistance especially with some of the comments coming out from the finance ministers and the jawboning that we've seen. at the end of the day, the underlying narrative remains. that's that u.s. gross -- growth remains exceptional. rate differentials continue to widen in favor of the dollar. it's hard to see where the dollar decline is coming through. tom: u.s. exceptionalism being crystallized it seems. we will be hearing from fed speakers and what that tells us about the state of the u.s., -- economy and where the fed goes next. the geopolitics now. u.s. house speaker mike johnson is moving ahead with new assistance for both ukraine and israel. that's despite threats from republican hardliners to oust him. let's bring in bruce einhorn for the details. what is speaker
that coupled with weight -- rate differentials and comments from andrew bailey, the fact that the ecb is likely to start cutting as soon as you. there is that divergence, whether it's on rates or growth. that's going to keep the dollar supported. so yes you could have some sort of a reprieve. you could have some sort of resistance especially with some of the comments coming out from the finance ministers and the jawboning that we've seen. at the end of the day, the underlying narrative remains....
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Apr 18, 2024
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she says that andrew bailey should have been fired, should have disbanded the obr. what do you say to that message, and her message? well, i think she is the first to say that mistakes were made in that period. i do support an independent bank of england, i do support an independent office for budget responsibility. and all i would say is that some very difficult decisions were taken in that period and they are now bearing fruit. and i think when it comes to the thing that she talks about most, which is the need to grow the economy, what the imf are saying this week, namely that the uk will grow faster than in france, italy, germany, japan, that our strengths in artificial intelligence and our tech industry if the uk particular advantages, those are reasons why we can be very confident about the future. hello from the bbc sport centre. let's start with the news in the last half hour that fa cup replays will be scrapped from the first round onwards from next season. all rounds of the competition will also be played on weekends, including the fifth round which has bee
she says that andrew bailey should have been fired, should have disbanded the obr. what do you say to that message, and her message? well, i think she is the first to say that mistakes were made in that period. i do support an independent bank of england, i do support an independent office for budget responsibility. and all i would say is that some very difficult decisions were taken in that period and they are now bearing fruit. and i think when it comes to the thing that she talks about most,...
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i want to bring in the attorney general of the state of missouri, ann andrew bailey. mr. attorney general, welcome to the program. you just filed a lawsuit to stop biden from forgiving more student loan debt can. on what grounds are you suing? >> first of all, this is personal for me. i paid for my school in service with the united states army and with the -- awed a awed a tiff -- [audio difficulty] i paid for my school in blood, sweat and terrace. we can't leapt joe biden saddle families with ivy league debt. missouri has an instrument thalty of state government, the missouri higher education loan authority that administratorss -- administratorss payment and reat the same time of student loans, it would is have cost missouri taxpayers $44 million, more than a half trillion martially, and we anticipate this plan is going to cost missourians exactly the same amount if not more. we know nationally it costs more, so we can't let joe biden saddle hard working missouri families with debt. we're -- stuart: biden says he's also pushing for free community college. watch this, rol
i want to bring in the attorney general of the state of missouri, ann andrew bailey. mr. attorney general, welcome to the program. you just filed a lawsuit to stop biden from forgiving more student loan debt can. on what grounds are you suing? >> first of all, this is personal for me. i paid for my school in service with the united states army and with the -- awed a awed a tiff -- [audio difficulty] i paid for my school in blood, sweat and terrace. we can't leapt joe biden saddle families...
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Apr 9, 2024
04/24
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in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was presented with the new notes. we have come to you with your bank notes. so this, of course, is quite a big moment because we've never changed this often on the banknotes because the queen was the first sovereign to be on the banknotes. so surprised. yeah. mattel has launched the first major redesign of scrabble for 75 yea rs. the classic board game will now be sold with a simpler version printed on its underside, with helper cards, so people can team up and play together. it comes after feedback from some younger players, who said they found the traditional game too difficult. they hope it will reduce the competitive nature of the game. that's all for now — stay with bbc news. hello there. tuesday, unfortunately brought more stormy weather with it
in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was presented with the new notes. we have come to you with your bank notes. so this, of course, is quite a big moment because we've never changed this often...
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Apr 15, 2024
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do you think andrew bailey, the governor, should be out? well, i don't support his continuation in thejob. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect. it's all very well saying, liz, do you accept any of the blame? i'm frankly not going to let them get off the hook. you talk in the book about the deep state. isn't that to indulge in conspiracy theory kind of quackery? well, it's a description of a group of people, an orthodoxy, a groupthink that is not accountable to electors. so you'd get rid of the office for budget responsibility? yes, tomorrow. you offer plenty of praise of donald trump in the book. do you hope he wins again in the autumn? yes, i do. why? because i believe that we need a strong america. under donald trump, when he was president of the united states, the world was safer. how, then, do we, in
do you think andrew bailey, the governor, should be out? well, i don't support his continuation in thejob. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect. it's all very well saying, liz, do you accept any of the blame? i'm frankly not going to let them get off the hook....
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Apr 10, 2024
04/24
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in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go on general distribution injune. here's the moment the king was presented with the new notes. we have come to present you with a banknotes and this is a big moment because the queen was the first someone to be on the banknotes. mattel has launched the first major redesign of scrabble for 75 years. the classic board game will now be sold with a simpler version printed on its underside and with helper cards so people can team up and play together. it comes after feedback from some younger players, who said they found the traditional game too difficult. the hope is that it will reduce the competitive nature of the game. finally this half hour, beyonce has made us music chart history again. # texas... it's after her latest album, cowboy carter, took the number one spot in the us billboard country albums chart. it makes h
in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go on general distribution injune. here's the moment the king was presented with the new notes. we have come to present you with a banknotes and this is a big moment because the queen was the first someone to be on the...
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Apr 16, 2024
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do you think andrew bailey, the governor, should be out? well, i don't support his continuation in the job. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect. it's all very well saying, "liz, do you accept any of the blame?" i'm, frankly, not going to let them get off the hook. you talk in the book about the "deep state". isn't that to indulge in conspiracy theory kind of quackery? well, it's a description of a group of people, an orthodoxy, a groupthink that is not accountable to electors. so you'd get rid of the office for budget responsibility? yes, tomorrow. you offer plenty of praise of donald trump in the book. do you hope he wins again in the autumn? yes, i do. why? because i believe that we need a strong america. under donald trump, when he was president of the united states, the world was safer. how, then, do
do you think andrew bailey, the governor, should be out? well, i don't support his continuation in the job. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect. it's all very well saying, "liz, do you accept any of the blame?" i'm, frankly, not going to let them...
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Apr 17, 2024
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bailey that, i blame andrew bailey a lot, actually. the governor of the bank of england was a really unimpressive dithery type and also an extremely boring man. but that's by the by, but perhaps you want the governor of the bank of england to be boring. but my goodness, he wins pnzes boring. but my goodness, he wins prizes at it. but he doesn't radiate any sort of control or vision or , belief in our vision or, belief in our country, and i blame him. i mean , liz truss, i think the blame of her for her has been possibly slightly overdone, i don't know. >> yeah. i think she became a very convenient scapegoat. liz truss, isn't she, lee says michelle, prices are still rising and many people are suffering. it wasn't rishi that's got inflation down. it's nothing to do with the tories. but did you think it was anything to do with the tories when inflation was going up early? your thoughts early? tell me your thoughts on that. says never get that. liz says we'll never get inflation down to a completely lower level if wages keep increasing , b
bailey that, i blame andrew bailey a lot, actually. the governor of the bank of england was a really unimpressive dithery type and also an extremely boring man. but that's by the by, but perhaps you want the governor of the bank of england to be boring. but my goodness, he wins pnzes boring. but my goodness, he wins prizes at it. but he doesn't radiate any sort of control or vision or , belief in our vision or, belief in our country, and i blame him. i mean , liz truss, i think the blame of her...
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Apr 16, 2024
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do you think andrew bailey, the governor, should be out? well, i don't... i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. mm, which you set fire to. well, i'm not sure... ijust wonder if it is all sounds like you're looking for somebody else to blame. well, i do believe that... i mean, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect and, you know, nobody�*s perfect. it's all very well saying, "liz, do you accept any of the blame?" i'm frankly not going to let them get off the hook. you talk in the book about the deep state. i mean, isn't that to indulge in conspiracy theory kind of quackery? well, it's a description of a group of people, an orthodoxy, a groupthink, that is not accountable to electors. you offer plenty of praise of donald trump in the book. do you hope he wins again in the autumn? yes, i do. why? because i believe that we need a strong america. under donald trump, when he was president of the united states, the world was safer. let's talk about a coup
do you think andrew bailey, the governor, should be out? well, i don't... i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. mm, which you set fire to. well, i'm not sure... ijust wonder if it is all sounds like you're looking for somebody else to blame. well, i do believe that... i mean, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect and, you know, nobody�*s perfect. it's all very well saying, "liz,...
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Apr 9, 2024
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in a ceremony at buckingham palace, andrew bailey, the bank's governer and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. time for a look at the weather. here's sarah. that picture says it all. yes, we had the moment combined with high spring tides so this is a picture in north—west but a similar story on the south coast of england in hastings, the strong continuing but things should improve because the winds and heavy rain that many of us have got will gradually ease and something a little bit brighter will start working in from the west but for the here and now we have low pressure in charge, that's been bringing the strong winds and heavy rain and it will gradually tear into the north sea through this evening and overnight so already something brighter returning to northern ireland, wales and the south—west with shower surround. the heaviest rain lingering across parts of eastern scotland and
in a ceremony at buckingham palace, andrew bailey, the bank's governer and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. time for a look at the weather. here's sarah. that picture says it all. yes, we had the moment combined with high spring tides so this is a picture in north—west but a similar story...
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Apr 11, 2024
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bailey 's to find, prosecute and prosecute and punish human traffickers in the state of missouri. together these initiatives are not only pro-children and profamily, but pro-life as well. [ applause ] speaking of pro-life, i want to take this opportunity to highlight this historic success speaking of pro-life, i want t take this opportunity to highlight our historic success in missouri's fight for life. when i came to jefferson city, nearly 8000 elective abortions were performed annually in missouri. as i stand before you today, i am proud to report that number is zero. [ applause ] . [applause] . [applause] [applause] now, another priority for this administration roads, bridges and missouri's infrastructure another priority of this administration, roads, bridges and the missouri infrastructure. wall roads and bridge repair might not be the most exciting topic, it is the one that impacts all missourians the most. infrastructure was one of the first major initiatives we took on. 5 1/2 years ago working with all of you we set out to repair and replace 200 50 -- 250 bridges. for the
bailey 's to find, prosecute and prosecute and punish human traffickers in the state of missouri. together these initiatives are not only pro-children and profamily, but pro-life as well. [ applause ] speaking of pro-life, i want to take this opportunity to highlight this historic success speaking of pro-life, i want t take this opportunity to highlight our historic success in missouri's fight for life. when i came to jefferson city, nearly 8000 elective abortions were performed annually in...
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Apr 9, 2024
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in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. here's the moment the king was presented with the banknotes. we have come to present you with your new note. it's interesting, because this is the first time we have changed the suffering on the back notes. her third record that comes out on the 17th of may will have a sustainability plan to minimise our environmental impact, final copies will be pressed on recycled or eco—vinyl, with all the packaging made from recycled materials. a podcast all about the action the music community is taking on climate. it music community is taking on climate. ., , ., music community is taking on climate. . , ., ., . ~ music community is taking on climate. ., ., climate. it has a track record of takin: climate. it has a track record of taking different _ climate. it has a track record of taking different forms - climate. it has a track rec
in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. here's the moment the king was presented with the banknotes. we have come to present you with your new note. it's interesting, because this is the first time we have changed the suffering on the back notes. her third record that...
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Apr 9, 2024
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in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was provoked presented with the notes. the queen was the first sovereign to be on the banknote.— be on the banknote. that's 'ust about it from i be on the banknote. that's 'ust about it from today's �* be on the banknote. that'sjust i about it from today's programme, do you stay with us here on bbc news, next up is the six o'clock news, we'll have all the latest on the bradford arrest and all the latest from a really fascinating day at the post office and grey. some really telling human evidence. thanks for watching today, hope to see you the same time tomorrow. bye—bye. hello. tuesday was another wet, windy and fairly wild day of weather for many of us. we've had some really big waves around the coast, some coastal flooding, too, across parts of s
in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was provoked presented with the notes. the queen was the first sovereign to be on the banknote.— be on the banknote. that's 'ust about it from i be on the...
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Apr 9, 2024
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they were revealed by the govenor of the bank of england, andrew bailey, and chief cashier, sarahjohn. it's the first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go into circulation injune. you may have heard of the langauge, esperanto, aimed at making international communication easier, with everyone able to speak it, alongside their mother tongue. well, it didn't really take off. but now, thanks to ai, conversing in another language, or as many as you like, has just become a cinch. here's james clayton. the world is more connected than ever. conversations with anyone, anywhere are just a click away. there'sjust one problem — we don't all speak the same language. i really, really wish that i could, but unfortunately i can't speak any other languages fluently other than english. what if i could speak polish? thanks to new ai apps though, i can give at least the impression of being able to speak pretty much any language, this one is called heygen. so i'm going to speak like this. i do a quick video of myself, upload it onto
they were revealed by the govenor of the bank of england, andrew bailey, and chief cashier, sarahjohn. it's the first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go into circulation injune. you may have heard of the langauge, esperanto, aimed at making international communication easier, with everyone able to speak it, alongside their mother tongue. well, it didn't really take off. but now, thanks to ai, conversing in another language,...
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Apr 12, 2024
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we have big plans and that is what governor andrew bailey said about the upcoming review from ben bernancke. it comes down to two different types of forecasting. inflation and policy. let's look at inflation first. the bank has come under heavy criticism. we know it has missed on predicting inflation and they are estimates the pace of price hikes and failing to catch how fast they would abate. at the worst, bank predictions on inflation were as much as five percentage points which was out of sync of the data. there is the telegraphing rate of expectations. there is some expectations that ben bernancke would introduce the dot plot. one argument in favor is the bank of england forecasts on market expectations which have mistaken smoke for fire. the school of economics shows markets have overpredicted the bank's policy rate by a percentage point every year over the last decade and a half. since 2022, they have only predicted by three percentage points a year. the report is a growing number of officials in favor of alternative scenario models. that is currently used by the risk bank where the p
we have big plans and that is what governor andrew bailey said about the upcoming review from ben bernancke. it comes down to two different types of forecasting. inflation and policy. let's look at inflation first. the bank has come under heavy criticism. we know it has missed on predicting inflation and they are estimates the pace of price hikes and failing to catch how fast they would abate. at the worst, bank predictions on inflation were as much as five percentage points which was out of...
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Apr 28, 2024
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especially if like and this is one of my pet peeves, the governor of the bank of england, andrew bailey, and others insist on paying the interest out of one pocket to the other and counting that as real money, and therefore having mr hunt tell us that we're hard up. it's not true. but that's neither here nor there for this discussion. i think a more important figure not to take away from what you said, but a more important figure, is actually the spend as a percentage of gdp . sure, we've percentage of gdp. sure, we've gone from like 39% up to almost 50 during the pandemic. gone from like 39% up to almost 50 during the pandemic . well, 50 during the pandemic. well, that's understandable, but we're at about 44% now, closer to france's 58. the states is 36. >> so we've gone from 39 stabilising at about 44 over a penod stabilising at about 44 over a period of time, spanning the pandemic. why has all this happened? do you think? >> you know, all the reports in all the media that i've read about this, both here and in france? the funny thing is , france? the funny thing is, nobody has said,
especially if like and this is one of my pet peeves, the governor of the bank of england, andrew bailey, and others insist on paying the interest out of one pocket to the other and counting that as real money, and therefore having mr hunt tell us that we're hard up. it's not true. but that's neither here nor there for this discussion. i think a more important figure not to take away from what you said, but a more important figure, is actually the spend as a percentage of gdp . sure, we've...
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Apr 17, 2024
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annmarie: we heard from andrew bailey yesterday at the bank of england and he pretty much imply that they are ready to go before the united states. is that your base case? lee: it is. this is why we have a negative yield of sterling against the dollar. look at what the rate are could has pressing. the first bank cut is september. pretty much the same as where the fed are in terms of rates pricing. that makes no sense to me. u.k. growth is negative. you can -- u.s. growth is twice, 3.1% in the first quarter. very, very different economies right now. u.k. inflation is higher than expected this morning it is now below u.s. inflation, headline for the first time since 2022, moving in different directions, the u.s. growing above trend, the u.s. in recession. the bank of england should be cutting before the fed. no doubt about it area the market still doesn't have that price, it has to be pulled forward with sterling weakening and you can see the euros sterling higher in that story. we pulled forward on the ecb but not the bank of england in the same way. jonathan: you talk about parity on
annmarie: we heard from andrew bailey yesterday at the bank of england and he pretty much imply that they are ready to go before the united states. is that your base case? lee: it is. this is why we have a negative yield of sterling against the dollar. look at what the rate are could has pressing. the first bank cut is september. pretty much the same as where the fed are in terms of rates pricing. that makes no sense to me. u.k. growth is negative. you can -- u.s. growth is twice, 3.1% in the...
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Apr 16, 2024
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do you think andrew bailey, the governor, should be out? well, i don't... i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. mm, which you set fire to. well, i'm not sure... ijust wonder if it is all sounds like you're looking for somebody else to blame. well, i do believe that... i mean, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect and, you know, nobody�*s perfect. it's all very well saying, "liz, do you accept any of the blame?" i'm frankly not going to let them get off the hook. you talk in the book about the deep state. i mean, isn't that to indulge in conspiracy theory kind of quackery? well, it's a description of a group of people, an orthodoxy, a groupthink, that is not accountable to electors. you offer plenty of praise of donald trump in the book. do you hope he wins again in the autumn? yes, i do. why? because i believe that we need a strong america. under donald trump, when he was president of the united states, the world was safer. let's talk about a coup
do you think andrew bailey, the governor, should be out? well, i don't... i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. mm, which you set fire to. well, i'm not sure... ijust wonder if it is all sounds like you're looking for somebody else to blame. well, i do believe that... i mean, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect and, you know, nobody�*s perfect. it's all very well saying, "liz,...