#410 | Bull and Bear - Forward Guidance | Interest Rates and Yields

#410 | Bull and Bear - Forward Guidance | Interest Rates and Yields

After a gruelling week assessing the fall-out of the Russian banks on the banking system, Andrew Bailey, the Governor of the Bank of England, just wants to be left alone to read his Sunday newspapers, over a quiet pint. The last thing he needed was to be ambushed by Bull, anxious to get a bit of forward guidance on interest rates. In a firm, yet head-masterly tone, he tells Bull to ‘take a hike’.