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Evening Standard
Evening Standard
Business
Anna Wise

Populism threatens the work of international agencies, Bank of England boss says

Andrew Bailey has signed a statement of support for US Federal Reserve chairman Jerome Powell (Yui Mok/PA) - (PA Wire)

The governor of the Bank of England has said international institutions need to challenge populism, after he joined global central bank leaders in backing the US Federal Reserve against threats to its independence.

Andrew Bailey said the “rise of so-called populism makes the whole task harder” for agencies and bodies whose job it is to assess imbalances in the global economy.

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