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Evening Standard

World

Benjamin Cooper

Bank of England governor Andrew Bailey tips inflation to fall ‘quite rapidly’ in late spring

Andrew Bailey Bank of England Inflation

The Governor of the Bank of England says inflation is likely to fall ‘quite rapidly’ starting in the late spring as he indicated ‘a corner has been turned’ (Leon Neal/PA) (Picture: PA Wire)

The Governor of the Bank of England says inflation is likely to fall “quite rapidly” starting in the late spring as he indicated “a corner has been turned”.

Andrew Bailey told Business Live during a visit to South Wales that lower energy prices will help drive down inflation in coming months.

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