Bailey Says UK Is Seeing Subdued Second-Round Inflation Effects

Bloomberg Markets•Fri, Aug 28, 2026, 04:46 PM•2 min read

Bank of England Governor Andrew Bailey says the UK is not yet experiencing significant second-round inflation effects, citing a softening labor market. He speaks to Bloomberg's Lisa Abramowicz at the Federal Reserve's annual gathering in Jackson Hole, Wyoming.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-28/bailey-says-uk-is-experiencing-softening-labor-market-video)

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