Bank of England Governor to face Economic Affairs Committee questions

At 3pm on Tuesday 24 June the House of Lords Economic Affairs Committee will hold its annual evidence session with Andrew Bailey, Governor of the Bank of England. 

This evidence session, which is open to the public, will be held in Committee Room 4 of the House of Lords. It will also be streamed live and on demand on Parliament TV.

Topics the committee is likely to cover in this session include:

• The UK's economic outlook.
• The current inflation outlook and the expected trade-offs against which monetary policy will be set.
• The likely near-term path of interest rates given the recent three-way split on the Monetary Policy Committee (MPC).
• How the UK's economic performance compares to its peers.
• The appropriateness of quantitative tightening in light of the current economic outlook and the adequacy of reserves in the financial system.
• Whether the labour market is still a source of uncertainty in terms of policy formulation.
• How varying estimates for immigration impact wage growth projections.