BoE's Bailey: We have to stay the course to get inflation down

FILE PHOTO: BoE Monetary Policy Report Press Conference in London

LONDON (Reuters) - The Bank of England must stay the course to ensure the level of inflation falls back to its 2% target, the central bank's Governor Andrew Bailey said on Thursday.

"We have to stay the course to make sure inflation falls all the way back to the 2% target," he said at a press conference after the bank raised its key interest rate.

(Reporting by Sarah Young, Writing by Kylie MacLellan)