Andrew Bailey, the Governor of the Bank of England, emphasized the need for global cooperation to address economic imbalances during a speech at a Bruegel event in Belgium. He highlighted the crucial role of organizations like the IMF in fostering collaboration to support global growth amidst heightened uncertainty. Bailey discussed the implications of US tariffs on trade and the current weak growth environment in the UK, where inflationary pressures are expected to rise due to regulated prices. Teljes cikk (Euronews.com)