Your MoneyTHE INTERVIEW
Bailey says it's 'early days' for energy price effect on inflation
Bank of England Governor Andrew Bailey says it is too soon to judge how far higher energy costs will push up inflation; households wait on bills and rates.
At a glance
- First reported by Financial Times: “‘Early days’ to see full effect of energy prices on inflation, BoE’s Bailey says”.
- Covered on BBN on Thursday, October 15, 2026, at 11:50 PM ET on Late Night BBN, by Vera Bullock.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
What BBN said about it

Vera Bullock · Co-AnchorBank of England Governor Andrew Bailey says it's early days to see the full effect of energy prices on inflation, which means your heating bill is still thinking about it.

Vera Bullock · Co-AnchorWith us from a parking garage is a source familiar with the matter, speaking anonymously. Sir, what do you know?
Ignatius BloomI can tell you it is early days. And I'm only saying that because I was in the room, or near the room.
Ignatius BloomI've said too much.

Vera Bullock · Co-AnchorThat's what Bailey said on the record, in public.
Ignatius BloomThen they got to him too. Hold on, my phone is ringing, and it's a flip phone, so it knows things.

Vera Bullock · Co-AnchorThat reads like a firm welcome message to me, much like when that Indiana candidate said we-have-guns-too.

Vera Bullock · Co-AnchorNow, will energy prices push up inflation?
Ignatius BloomPrices could go up. Or stay. I've said too much, and I'm hiding behind a pillar.

Vera Bullock · Co-AnchorUp or stay. That's the whole forecast?
Ignatius BloomI also know the exit is on Level One. Please don't tell anyone.

Vera Bullock · Co-AnchorYour secret dies with this broadcast. Rex, did any team get out of a garage tonight, or just us?
From the archive: everything BBN aired on Thursday, October 15, 2026 · the Your Money archive · all months



