Governor of the Bank of England, Andrew Bailey: The market price curve indicates further tightening of monetary policy over the next year This largely reflects the risk premium and not interest rate expectations The curve seems to fairly reflect risks related to energy prices The recent drop in oil prices represents positive news.

Governor of the Bank of England, Andrew Bailey: The market price curve indicates further tightening of monetary policy over the next year This largely reflects the risk premium and not interest rate expectations The curve seems to fairly reflect risks related to energy prices The recent drop in oil prices represents positive news.