Bailey will be speaking in a webinar discussion later in the morning
- BOE Bailey: Signalled the BOE likely to increase government bond purchases
- BOE Gov Bailey says stands ready to help finance government spending to combat COVID-19
There doesn't seem to be any other details on what he will be speaking about but I don't imagine he will deviate much from the remarks he made yesterday (⬆️).
He gave market participants a nod in figuring that more QE will come, as the BOE had hinted that it will meet its current target by July, and Ben Broadbent also pretty much confirmed that in his speech two days ago here as well.
So, I would expect Bailey to pretty much stick to the script later today.
