BOE’S A. BAILEY: INFLATION WILL DROP STRONGLY IN THE NEXT MONTH

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Bank of England’s Governor Andrew Bailey speaks in the wake of the pick up in UK inflation figures in March.

Key Quotes

We’re pretty much on track for where we thought we would be in february on inflation.

I expect next month's inflation number will show quite a strong drop

Oil prices haven't leaped as much as expected

The effect of middle East conflict is less than feared

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