[CALENDAR ADDITION] BoE Governor Bailey (Neutral) to speak in Turkey at 13:15BST/08:15EDT

Offshore remarks by a serving Governor, particularly at a conference or forum abroad, have historically carried a lower policy signal than domestic set-pieces, testimony, or post-decision press conferences; central bankers in this setting tend to stay close to the published line, and the tagged neutral stance is consistent with that prior. The timing matters for transmission: a slot in the early European afternoon falls in a thinner part of the London session, where headline-driven moves in short sterling and the front of the gilt curve can print larger than the content strictly warrants before fading. The practical distinction is between prepared remarks, which are usually embargoed and pre-briefed, and any audience question-and-answer, where the risk of an off-script comment on the timing or pace of easing has historically sat. Given the BoE's gradual cadence of cuts and its practice of spacing guidance between meetings, the tell worth noting is whether Bailey engages on the near-term path at all; silence on the next decision is itself the modal outcome. The follow-ons are whether other MPC members appear on the wire in the same window and whether the remarks are published in full afterwards.