Finance News – Andrew Bailey
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Andrew Bailey cautions banks against issuing their own stablecoins
The Bank of England governor highlighted potential risks associated with banks creating asset-backed digital currencies, emphasizing careful evaluation of their impact on financial...
Read Full Article →Andrew Bailey calls for lower interest rates if job market stalls
Andrew Bailey indicated that significant reductions in interest rates may be necessary to support the economy if employment growth weakens due to recent fiscal policy changes affec...
Read Full Article →The Bank of England is dying for data on private markets
The Bank of England’s increasing focus on private market information highlights its efforts to enhance economic oversight and improve decision-making amid evolving financial landsc...
Read Full Article →Falling wage growth could usher interest rate cuts, Andrew Bailey suggests
A slowdown in employee earnings may prompt the central bank to consider lowering borrowing costs to support economic stability in the near future.
Read Full Article →Bank of England governor urges EU trade rebuild as key summit looms
The Bank of England governor emphasized the importance of strengthening economic ties with the European Union to enhance trade stability and support long-term financial growth ahea...
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