Andrew Bailey
Bank of England governor Bailey sees signs that AI is starting to boost economies
Analysis suggests that heavy investment in AI contributed to around half of the growth in US GDP in H1 2025
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
[DUBLIN] Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about the glob...
Bank of England warns of risks from rise in global trade barriers
The Bank of England warned on Friday (Nov 29) that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing u...
BOE’s Bailey says tools need to improve to surveil non-banks
THE Bank of England needs to improve the ways it is able to track developments in the non-banking system, which is less transparent relative to the banking system, Bank of England governor Andrew Bail...
BOE’s Bailey raises prospect of more aggressive rate cuts
He is encouraged that cost-of-living pressures are not as persistent as the BOE feared they may be
Bank of England’s Bailey says interest rates are gradually heading downwards
THE Bank of England should be able to lower interest rates gradually as it gains confidence that inflation will remain close to its 2 per cent target, governor Andrew Bailey said in an interview publi...
Bank of England’s Bailey says inflation pressure is on the wane
BANK of England governor Andrew Bailey said on Friday (Aug 23) he thought inflation pressure in Britain’s economy was becoming less stubborn than in recent years, but it was still too soon to be sure....
Bank of England cuts rates from 16-year high, 'careful' on future moves
The BOE decided to lower rates by a quarter-point to 5 per cent
BOE’s Bailey says rate cuts in play
BANK of England (BOE) governor Andrew Bailey said expectations of interest rate cuts this year were not “unreasonable” and he struck an optimistic tone about the UK economy, the Financial Times report...
Rate cut bets not unreasonable but UK economy picking up, says BOE's Bailey
Bets by investors on interest rate cuts in 2024 were not unreasonable, Bank of England governor Andrew Bailey said on Tuesday (Feb 20), while also pointing to signs Britain’s economy was picking up af...