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01/07/2026
Xpeng Motors' pre-market stock price jumped over 3%.
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Bank of England Governor Bailey: We will revisit this issue in July.
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Andrew Bailey, Governor of the Bank of England: Currently, reducing interest rates is not under consideration.
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Bank of England Bailey: Economic activity and labor market continue to weaken, output gap is expanding.
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Andrew Bailey, Governor of the Bank of England: The decision not to raise interest rates this time was made based on the assessment of the economic slowdown.
2 m ago
Bank of England Governor Bailey: The UK economy is weakening.
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