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Indonesia News Portal for Traders | Financial & Business Updates

15 October 2025 01:10  |

BoE’s Bailey: Labor market data backs view of softening labor market

Bank of England (BoE) Governor Andrew Bailey spoke at a fireside chat at the Institute of International Finance Annual Membership Meeting in Washington, DC. In his speech, Bailey claimed that today's labor market data backs his view of a softening labor market.

Key Quotes

Today's labor market data backs my view of a softening labour market.

Here is stretched pricing in equity markets related to AI.

We should not declare that AI market pricing is fundamentally wrong; we need to look for risks.

UK businesses tell me they are delaying investment decisions due to uncertainty.

We are not seeing a lot of impact yet on prices from tariffs.

Source: FXstreet

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