High interest rates are temporary, says Andrew Bailey

July 12, 2022 - by swami-vivekanand - Leave a Comment

While more rate rises are on the way, Bailey’s comment about a return to “low global equilibrium” is one of the first suggestions that the Bank expects higher rates to …

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Bank of England to clash with Treasury over post-Brexit overhaul of City rules

July 2, 2022 - by swami-vivekanand - Leave a Comment

Andrew Bailey is poised to clash with Rishi Sunak, the Chancellor, over a plan that would allow ministers to reverse decisions by City regulators. The Governor of the Bank of …

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