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fiscal messTelegraph
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70% Informative
Bank of England Governor Andrew Bailey has declared that it’s time for the Monetary Policy Committee to become more aggressive’ and “more activist” Financial markets have priced in a 0.25 percentage point reduction in borrowing costs from 5pc to 4.75pc .
But for this to happen, as Bailey acknowledged, inflation needs to remain under control.
Bank of England’s Financial Policy Committee last week signalling markets are susceptible to a sharp correction’ Oil price spike could send inflation soaring, stymieing UK rate cuts and making it far harder for the Government to sell its debt.
The Middle East may calm down, with UK rates tumbling as the British economy starts to motor.
VR Score
74
Informative language
73
Neutral language
12
Article tone
formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
1
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