AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
31 Aug, 2026, 02.18 PM IST
Markets push back BoE rate hike expectations to February 2027As bond yields fall, markets are revising their expectations for the Bank of England's rate hikes. Investors now foresee a modest quarter-p...
27 Aug, 2026, 03.59 PM IST
Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
02 Aug, 2026, 06.03 AM IST
Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
30 Jul, 2026, 06.18 PM IST
Global Market: Bank of England expected to hold rates steady as inflation risks stay in focusThe Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensi...
30 Jul, 2026, 12.57 PM IST
Global Market: BoE governor calls for balanced banking rules, rejects deregulation pushBank of England Governor Andrew Bailey pushed back against broad calls for deregulation, arguing that effective financial rules are essenti...
15 Jul, 2026, 12.46 PM IST
UK to issue first 'digital' bond by early 2027, finance minister saysBritain aims to become the first major economy to issue a digital sovereign bond. This initiative will test distributed-ledger technology f...
15 Jul, 2026, 10.36 AM IST
Euro zone 10-year yields near three-month lows at start of busy weekBond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra F...
29 Jun, 2026, 01.13 PM IST
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 ...
17 Feb, 2025, 08.54 PM IST
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...
09 May, 2024, 11.38 PM IST
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...
15 Dec, 2023, 12.01 AM IST
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.
03 Aug, 2023, 06.08 PM IST
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 ...
04 Nov, 2022, 07.18 AM IST
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...
25 May, 2021, 11.53 AM IST
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...
24 May, 2021, 10.04 PM IST
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.
01 Jul, 2020, 04.13 PM IST
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.
19 Jul, 2019, 03.31 PM IST