The Guardian Australia – Business
·business
·1 hour ago
Bank of England Deputy Governor warns of potential stock market downturn
Bank of England Deputy Governor Sarah Breeden warned that stock markets, currently at record highs, are likely to face a downturn due to various global economic risks. Breeden emphasized the importance of ensuring the UK financial system is resilient enough to handle potential adjustments in asset prices. She did not predict an imminent correction but highlighted the need for preparedness.
Summary by Glance · The Guardian Australia – Business
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