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Andrew Bailey’s Brexit battles, The Australian and global economic outlooks
Wednesday 12 February 2020 – Vol.11 Ed.7.2
Commentary: Andrew Bailey’s Brexit battles
By Chris Papadopoullos in London
Few could be more qualified to rewrite the UK’s financial rulebook after Brexit than Andrew Bailey, the incoming governor of the Bank of England and current head of the Financial Conduct Authority. But before putting pen to paper, he may have to wrestle rule-making powers from other areas of government. One battle will be making sure the new rulebook meets political expectations. He may be challenged by the chancellor to cut red tape while having his hands tied by any commitments to EU alignment. Bailey has a shrewd solution.
Read the full commentary on the website.
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Meeting: The Australian and global economic outlooks
Tuesday 25 February, London, 12:30-14:00 GMT
The global economy faces significant challenges, including modest productivity growth and low to negative long-term interest rates. It is also grappling with a build-up of risks in parts of the financial system, and ongoing uncertainty regarding international trade arrangements. Meghan Quinn, deputy secretary of the macroeconomic group at the Commonwealth Treasury, will discuss the outlook for the global and Australian economies, and policy developments in Australia designed to address these difficulties.
Request to attend the meeting.
