Bailey speech: We must be alert to the pressure for fragmentation

Bank of England (BoE) Governor Andrew Bailey is speaking at the Central Bank of Ireland Financial System Conference, in Dublin, on Wednesday.

Key quotes

We must be alert to the pressure for fragmentation, both in the global economy and financial system.

Costs that go with such fragmentation are real and undesirable.

developing story ...

Nov 8, 2023

ECB’s Makhlouf: Impact of inflation, monetary tightening on borrower resilience are becoming visible

European Central Bank (ECB) policymaker Gabriel Makhlouf said on Wednesday, “early signals of the impact of inflation and monetary tightening on borrower resilience are becoming visible among Tracker mortgages, personal loans and certain corporate lending segments.” "Having said that there is huge uncertainty as to what lies ahead.

EUR/PLN: Testing 4.420 should not be a difficult task – ING

The Zloty has been rather stable for the last few weeks. Economists at ING analyze EUR/PLN outlook ahead of the National Bank of Poland meeting.