BoE's Bailey: Global inflationary pressures have intensified since Russia's invasion of Ukraine

In his usual post-meeting press conference, Bank of England Governor Andrew Bailey said that global inflationary pressures have intensified since Russia's invasion of Ukraine, reported Reuters. 

ECB's Lane: Exact timing of rate hikes is not the most important issue

European Central Bank Chief Economist Philip Lane said on Thursday that the exact timing of rate hikes is not the most important issue, reported Reute
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GBP/JPY plummets to one-week low, around mid-161.00s on BoE’s dovish outlook

The British pound weakened across the board after the Bank of England announced its policy decision and dragged the GBP/JPY cross to a one-week low, a
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