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Bank of England’s Bailey: I don’t see makings of a repeat of 2007-08 financial crisis

“I do not see the evidence that we’ve got on our hands what I would call … the makings of a 2007/8 financial crisis. I really don’t see that,” Bailey said when asked about recent instability in the banking sector.

“The system is in a much more robust condition,” he added.


Source: Economy - investing.com

Yellen pushes for ‘bold action,’ more reforms at World Bank this year

BoE’s Bailey says bank reforms worked but questions about liquidity buffers