The #BoE’s decision is due at 07:00 ET, with #Governor #Andrew #Bailey speaking at 09:15 ET.

The #BoE’s decision is due at 07:00 ET, with #Governor #Andrew #Bailey speaking at 09:15 ET

The #BoE’s decision is due at 07:00 ET, with #Governor #Andrew #Bailey speaking at 09:15 ET

The #BoE’s decision is due at 07:00 ET, with #Governor #Andrew #Bailey speaking at 09:15 ET.

The #BoE’s #Monetary #Policy #Committee is also likely to be split again,

#Dollar slides, #Meta soars, #ECB, #BoE meet - what's moving #markets

#Dollar slides, #Meta soars, #ECB, #BoE meet - what's moving #markets

The #BoE’s decision is due at 07:00 ET, with #Governor #Andrew #Bailey speaking at 09:15 ET.

The #BoE’s decision is due at 07:00 ET, with #Governor #Andrew #Bailey speaking at 09:15 ET.

The #BoE’s #Monetary #Policy #Committee is also likely to be split again,

#Dollar slides, #Meta soars, #ECB, #BoE meet - what's moving #markets

#Markets expect a 25 basis point hike from the #Federal Reserve on Wednesday and 50 basis points each from the #ECB and #BOE on Thursday.

On the same day, former #BoE adviser, Tony Yates, argued in an opinion piece in the #Financial Times that the costs and the risks associated with the development of #CBDCs are not worth it

Bailey’s comments follow new CBDC developments in the eurozone and recent comments from a former #BoE adviser on the costs and risks of creating a #CBDC

The #BoE #governor does not believe that retail payments need to change at the moment

Andrew Bailey, the Bank of England (#BoE) governor, expressed skepticism on the need for a digital pound shortly after finance ministers from eurozone countries backed further work on a digital #euro

#BoE sceptical over digital pound as #euro zone backs work on digital euro.

#CBDCs not worth the costs and risks, says former #BoE advisor

#CBDCs not worth the costs and #risks, says former #BoE #advisor