BoE Governor Bailey (Q&A) says mortgage market is one of the reason MPC needs to exercise 'judgement' on course of monpol

BoE Governor Bailey (Q&A) says mortgage market is one of the reason MPC needs to exercise 'judgement' on course of monpol.

BoE Governor Bailey’s remarks regarding the mortgage market indicate that the Monetary Policy Committee (MPC) may adopt a more cautious approach to monetary policy, suggesting a balance between addressing inflation and considering economic stability. This insight could signal a potential shift in rate guidance and impact the GBP, as well as broader market sentiment surrounding UK assets and fixed income.