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persistent inflationCNBC
•78% Informative
Bank of England Governor Andrew Bailey will hail progress in dampening inflation in the U.K. in a Friday speech.
Headline inflation has "fallen sharply as energy and food price shocks in particular have fallen away," he will say.
But he will caution that monetary policy may need to remain restrictive for longer than expected due to shocks from the labor market.
VR Score
90
Informative language
97
Neutral language
46
Article tone
semi-formal
Language
English
Language complexity
57
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Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
short-lived
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