BoE/Bailey: No Loss of Balance Between Financial Stability and Economic Growth

Forex - The Governor of the Bank of England (BoE), Andrew Bailey, stated that he does not see a loss of balance between financial stability and economic growth after the new Chancellor of the Exchequer, Rachel Reeves, said that regulators have gone too far in preventing risk-taking. In delivering the BoE's annual financial stability report, Bailey remarked, "Simply put, there is no loss of balance between financial stability and growth. This is a fundamental point."