Breaking: BOE’s Bailey: UK economy can be viewed as glass half full or half empty, GBP/USD slumps

The Bank of England (BOE) Governor Andrew Bailey said while speaking at a webinar hosted by the British Chamber of Commerce on Tuesday.

Key quotes (via Reuters)

UK recovery has been quite rapid and quite substantial.

Q3 recovery a little bit ahead of what BOE expected in August.

more to come ...

About BOE Governor Bailey

Andrew Bailey is the Bank of England's Governor. He took office on March 16th, 2020, at the end of Mark Carney's term. Bailey was serving as the Chief Executive of the Financial Conduct Authority before being designated. This British central banker was also the Deputy Governor of the Bank of England from April 2013 to July 2016 and the Chief Cashier of the Bank of England from January 2004 until April 2011.