Governor Bailey adds: "If we were to keep [the] bank rate at 5.25% for the next three years, we think it's likely that inflation would eventually fall significantly below target." He says that the ...

Weak economic growth and a drop in workforce numbers is posing an “acute challenge” to Britain, Bank of England governor Andrew Bailey has said. An ageing workforce coupled with a rise in the number ...

Federal Reserve Chair Jerome Powell's counterparts from the Bank of England, European Central Bank and Bank of Japan are due to speak Saturday at the Jackson Hole symposium. BOE Gov. Andrew Bailey, ...

Bailey is distinctly unimpressed with the idea of this new form of money. His preferred option is to help the market improve digital payment tech, which he said could deliver “huge benefits”.