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GOVERNOR ANDREW BAILEY
Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...- UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
- Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persistBank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the go...
- UK banks still lack access to Mythos AI model, Bank of England governor saysBailey, speaking to Bloomberg TV, said Anthropic was willing to share the models on a trial basis but there appeared to be a political ho...
- UK firms should take steps to limit risks from frontier AI modelsUK financial authorities are urging companies to prepare for dangers posed by new artificial intelligence. These advanced AI models possess...
- Bank of England's Bailey sees 'wrestle' with US on stablecoin regulationBailey said he was concerned some U.S. stablecoins could not be readily turned into dollars without going through a crypto exchange, poten...
- Bank of England holds rates and spells out inflation risks from Iran warThe Bank of England kept interest rates on hold on Thursday and set out scenarios for the economic impact of the Iran war, one of which cou...
- Bank of England says it is testing AI risks to financial systemThe Bank of England is actively assessing artificial intelligence risks to the financial system. They are conducting simulations and workin...
- ECB to quiz bankers about new Anthropic model risksAs European Central Bank regulators delve into the potential risks posed by new artificial intelligence models, bankers will be put under t...
- UK economy still 'static' even amid strong growth figures in 2024, says Bank of England Governor Andrew BaileyThe UK economy posed strong figures towards the end of 2024, but Bank of England Governor Andrew Bailey is of the opinion that the current ...
- BoE inches closer to rate cut as second policymaker backs easingDeputy Governor Dave Ramsden joined external member Swati Dhingra in calling for an immediate cut in the base rate from its current level o...
- Interest rate maintained by the Bank of England at 5.25% for the third timeFor the third time in a row, the Bank of England keeps its interest rates at 5.25%. Andrew Bailey said that this year we have seen a good p...
- Bank of England interest rate hiked to highest level since 2008. What BoE decision means for savers, mortgage holdersBank of England interest rate decision has implications for both savers and mortgage holders.
- Shocks hitting the UK worse than in 1970s: Guv BaileyBailey said the US and UK are facing very different circumstances, with the rise in electricity and natural gas prices in Europe likely to ...
- Bank of England's Andrew Bailey calls cryptocurrencies 'dangerous'People should only invest in cryptocurrencies if they are prepared to lose all their money, Bank of England Governor Andrew Bailey has prev...
- Bank of England's Governor calls cryptocurrencies 'dangerous'"I'm sceptical about crypto-assets, frankly, because they're dangerous and there's a huge enthusiasm out there," Bailey told the British pa...
- UK economy to hit pre-pandemic level late 2021: Bank of EnglandThe earlier-than-expected recovery -- the BoE's expectation had been for early 2022 -- comes ahead of the central bank's latest interest ra...
- BoE to review climate impact of corporate bond-buying after Covid crisisThe BoE is buying corporate debt as part of its expanded bond-buying programme to help shield Britain's economy.
- Bank of England's Bailey says we must be ready for further stimulusThe BoE is expected to announce a fresh increase of at least 100 billion pounds ($126 billion) in its bond-buying firepower following a pol...
- Raghuram Rajan, Janet Yellen didn’t apply to replace Mark CarneyRajan was named second most likely to get the job in a survey by Bloomberg News.
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