Bank of England Governor Andrew Bailey warned politicians not to relax regulations for the sake of economic growth, stating that there is "not a trade-off" between economic growth and financial stability. He cautioned in a speech at the University of Chicago Booth School of Business's London campus that "the backlash against regulation is occurring," particularly regarding financial stability measures in response to the 2008 financial crisis. He stated: "We must never forget the lasting damage."
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英国央行行长贝利:经济增长与金融稳定并非此消彼长
Bank of England Governor Bailey: Economic growth and financial stability are not a trade-off.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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