Andrew Bailey
Canada’s Tiff Macklem on the US trade dispute, AI and framework renewal
BoC’s governor speaks about declining economic resilience, the need for decisions despite policy dilemmas, Canada’s new structural model, lessons from QE, and more
IMF, World Bank and BoT launch fraud prevention blueprint
‘Bangkok Blueprint’ targets more than just financial sector to ensure trust in digital financial products
BoE using LLM to review meeting minutes
Bailey says he has “mixed feelings” about use of AI in communications
BoE holds rates and reveals talks to sell gilts to Treasury
Economists voice concerns over blurred fiscal and monetary policies
Populism poses ‘serious challenge’ to central banks – Bailey
Monetary authorities need to respond to ‘growing scepticism’, BoE governor says
Bailey warns AI could crash global financial system
FSB chief warns of cyber security risks and threats from leveraged investments in technology
Tim Young on why UK is on edge of a fiscal crisis
In his final op-ed, the ‘rebel economist’, who passed away earlier this month, outlines the challenges Andy Burnham and the BoE will have to deal with
Bank of England keeps rates at 3.75%
Split 6–3 decision points to divisions over inflation outlook amid escalation of Iran war
Lagarde ‘regrets’ forward guidance and Warsh plans ‘family fight’
Fed, ECB, BoC and BoE heads discuss inflation, uncertainty, AI, stagflation and independence in Sintra
BoE holds interest rates at 3.75%
Governor says he would respond ‘promptly’ to stronger second-round effects of Iran war
Myths and realities of AI hacking
New artificial intelligence models raise serious concerns about the future security of the international monetary system
‘Dark corners’ authors on setting policy under intense uncertainty
Douglas Laxton and Shalva Mkhatrishvili say policy-making should work to avoid the worst outcomes
AI will transform growth and employment structure – Bailey
The question is when and how this will happen, BoE governor says
High-value notes: default money for criminals?
Some experts say the notes are a boon for felons, and that central banks should stop issuing them
BoE pledges to link tokenised markets to central bank money
Bank says RTGS will be modified to support use of tokenised assets as collateral by 2028
UK needs closer EU ties in multipolar world – BoE’s Bailey
Governor urges greater support for multilateral institutions to solve growing global imbalances
BoE holds rates at 3.75%
Bank outlines scenarios involving varying degrees of conflict-induced inflation in UK
‘Plaza accord 2.0’ will not fix global imbalances – IMF panel
But getting China and US to implement other necessary remedies will be challenging, speakers say
Supply-side shock stuns central banks
The partial closure of the Strait of Hormuz raises fresh challenges for central bank policy-makers
BoE’s Greene warns of lasting inflation from Iran war
MPC member says energy prices could stay higher even after conflict ends
BoE faces its toughest test in four years
Path to contain inflation from supply-side shocks is different compared with 2022–23