Mr. Bailey to the UK Central Bank Governor, monetary policy after leaving the EU December 20 at 22:11
Mr. Bailey, the head of an organization that oversees financial markets, will be appointed as the new governor of the British Central Bank of England. How will he support the British economy in terms of monetary policy after leaving the EU Your skill will be questioned.
British finance minister Javid announced on the 20th that Mr. Bailey of the UK's financial behavior monitoring agency will be replaced by the Bank of England President Kearney.
Bailey, 60, has served as Deputy Governor of the Bank of England from 2013 to 2016, and will start a new eight-year term in March next year.
The UK is expected to leave the EU at the end of January next year, after which it will aim to build new economic relations with other countries, mainly through free trade negotiations with the EU.
Mr. Bailey, who was appointed at this time, said that Finance Minister Javid is "the most appropriate person to lead the central bank as Britain leaves the EU and builds a new future."
However, the UK economy continues to be unstable, such as the decline in corporate investment due to the turmoil surrounding the withdrawal of the EU, and how the country will change dramatically, how will it support the economy in terms of monetary policy? Your skill will be questioned.