BOE Bailey is back on the wires saying:Disinflation is proceeding slowly. Markets are pricing and potential interest rate increasesWhile a low hire rate, economy is contributing to unemploymentThe BOE Rate unchanged today with a vote of 6-3. In his press conference, Bank of England Governor Andrew Bailey struck a cautious tone after the BoE left interest rates unchanged. He also noted that current market pricing reflects risk premia rather than the Bank's central expectations and that the market's base case remains for rates to stay on hold. The high price has extended to the swing high from July 21 at 1.34557.