Bank of England's Bailey Won't Say Rate Hikes Are Over

The transcript discusses the current economic uncertainty and the need to react to new information. It highlights that while some progress has been made, significant risks remain. The market's expectations for interest rate hikes are addressed, along with the importance of focusing on future actions. Wage pressures on the economy are also discussed, with an emphasis on overall economic concerns.

What is the current stance on interest rate hikes according to the speaker?

What does the speaker mean by 'turning a corner' in the economic context?

How does the speaker view the current wage pressures in the economy?

What factors are influencing the speaker's perspective on the economy?

What concerns does the speaker express regarding the public sector?