[Bank of England Governor Bailey: The spillover effects of inflation from surging energy prices are currently limited, but it is too early to draw conclusions] Jin10 News, October 16 – Bank of England Governor Andrew Bailey said on Friday that despite the sharp rise in energy prices, the transmission effects on the prices of other goods and services in the UK remain relatively limited for now. However, it is still too early to draw definitive conclusions. Speaking at the Institute of International Finance (IIF) meeting in Bangkok, Thailand, Bailey stated: 'I think it is still too early, but based on the evidence we have seen so far, the impact remains quite moderate.' This IIF meeting was held during the IMF and World Bank Annual Meetings.