BOE’s Bailey: Interest Rates Won’t Return to Pre-GFC Levels, Here’s Why
BOE’s Bailey: Interest Rates Won’t Return to Pre-GFC Levels, Here’s Why Introduction Recently, the Bank of England’s Governor, Andrew Bailey, made a bold statement regarding interest rates. He mentioned that interest rates are not expected to return to pre-GFC (Global Financial Crisis) levels in the future. This announcement has caused quite a stir in the…