Bank of England Governor Bailey: We are not looking for a recession, our goal is inflation rather than economic growth.

Breimann, First Deputy Governor of the Riksbank: We need to be cautious and patient, but the most likely thing is that we will cut interest rates at some point this year.

Bank of England Governor Bailey: The timing of the British election will not have an impact on interest rate decisions.

The euro against the pound EUR/GBP hit a one-month high at 0.8574, up 0.2% on the day.

Broadbent, Deputy Governor of the Bank of England: Wage growth and service sector inflation are twice the sustainable CPI inflation rate.

According to the Hungarian News Agency (MTI): The Swedish Prime Minister will visit Hungary on February 23.

Broadbent, deputy governor of the Bank of England: I don’t agree that all the evidence points to a rate cut.

Bank of England Governor Bailey: In the context of full employment, the consumer price index has to be lowered.

Barclays (BCS.N): Investment banking revenue is expected to grow by 700 million euros by 2026.

Bank of England member Greene: There is a risk of cutting interest rates too quickly and then needing to be reversed.

Barclays (BCS.N): Trading revenue expected to grow by 1.1 billion euros by 2026.

Breimann, First Deputy Governor of the Riksbank: Inflation in January was in line with our expectations.

Bank of England Governor Bailey: Decisive action has been taken in policy communication.

Arm (ARM.O) U.S. stocks fell more than 5% before the market opened.

Breimann, First Deputy Governor of the Riksbank: The outlook for inflation is more optimistic.

Breimann, First Deputy Governor of the Riksbank: In recent months, the possibility that inflation risks will become entrenched at excessively high levels has declined.

Breimann, First Deputy Governor of the Riksbank: Inflation is declining, and it is important to maintain this trend and keep inflation low and stable.

Breimann, First Deputy Governor of the Riksbank: We need to be prepared for possible setbacks.

Breimann, First Deputy Governor of the Riksbank: Therefore, we need to be patient in monetary policy.

Breimann, First Deputy Governor of the Riksbank: We cannot take it for granted that inflation will return smoothly to a low level and a stable state.