EconomyBailey Defends His Decision to Speak Up for Powell After Trump’s Attacks
Bailey said his earlier decision to back Powell, following Trump’s attacks, was justified and that he would make the same choice again.
Chair of the Financial Stability Board
Chair of the Financial Stability Board (2025–)
| Born | 1959-03-30 · Leicester, England |
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| Education | Queens' College, Cambridge (BA, PhD) |
Portrait: Office of U.S. Ambassador to U.K. · Public domain · Wikimedia Commons
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Bank of England Governor Andrew Bailey called Federal Reserve Governor Kevin Warsh’s speech at the annual Jackson Hole conference one of “real substance.” Bailey also said the UK is not yet seeing significant second-round inflation effects.
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Bloomberg Television
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Bailey said his earlier decision to back Powell, following Trump’s attacks, was justified and that he would make the same choice again.
Bank of England Governor Andrew Bailey called Federal Reserve Governor Kevin Warsh’s speech at the annual Jackson Hole conference one of “real substance.” Bailey also said the UK is not yet seeing significant second-round inflation effects.
