Bailey: Global imbalances in a more fragmented world | Crypto Craft

  • Bailey: Global imbalances in a more fragmented world

    From bankofengland.co.uk

    Can I start by extending my welcome to all participants in the Bellagio Group, and congratulate the organisers on a timely and highly relevant choice of subject. My role today is some scene setting. I am going to cover three points. First, a reminder of the benefits of open economies and why they need to be supported by an international rules-based system which gives important roles to multilateral institutions. Second, I will set out some of the conditions that help to make this system work. And, finally I will highlight a number of the specific big challenges we face today and must take on. The benefits of trade ... (full story)

Added at 2:10am
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fhuriek
Jan 16, 2026 7:52pm
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Did it affect on GBP/USD with price move up (7:00 - 12:00 UTC)?
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