{"id":439690,"date":"2026-10-08T19:22:08","date_gmt":"2026-10-08T12:22:08","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/boes-bailey-mon-pol-needs-an-unwavering-commitment-to-returning-inflation-to-target-439690\/"},"modified":"2026-10-08T19:22:08","modified_gmt":"2026-10-08T12:22:08","slug":"boes-bailey-mon-pol-needs-an-unwavering-commitment-to-returning-inflation-to-target","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/boes-bailey-mon-pol-needs-an-unwavering-commitment-to-returning-inflation-to-target-439690\/","title":{"rendered":"BOE&#8217;s Bailey: Mon pol needs an unwavering commitment to returning inflation to target"},"content":{"rendered":"<div>\n<ul>\n<li>Policymakers should strengthen core financial markets so they can absorb future shocks without amplifying them<\/li>\n<li>We must strengthen the resilience of core markets<\/li>\n<li>Greater absorbtion of government debt has come with greater fragility<\/li>\n<li>When shocks become more frequent, underlying growth is weaker and the succession of shocks leads to a higher level of gov&#8217;t debt<\/li>\n<li>It&#8217;s much harder to use the balance sheet to cusion a severe downturn<\/li>\n<li>We are seeing volatile markets<\/li>\n<li>Market moves are some way from normal but we are not seeing illiquidity or stress<\/li>\n<\/ul>\n<p>When he&#8217;s talking about core markets, I take that as meaning gilts and market plumbing.<\/p>\n<p>What&#8217;s striking is the sudden urgency. The rising in yields has sharpened central bankers to their core roles and highlighted the risks they need to manage.<\/p>\n<p>10-year gilts are up 4 bps to 5.49% today.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Policymakers should strengthen core financial markets so they can absorb future shocks without amplifying them We must strengthen the resilience of core markets Greater absorbtion of government debt has come with greater&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439690","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439690"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439690\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}