Economics

BOE Starts Post-Carney Era With Another Crisis Veteran at Helm

  • Andrew Bailey takes over as the coronavirus hits the economy
  • Central bank joined in global liquidity boost late Sunday
Andrew BaileyPhotographer: Jason Alden/Bloomberg
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Andrew Bailey knows a few things about crises, which should put him good stead on Monday when he takes the helm of the Bank of England as it tries to stave off recession triggered by the coronavirus pandemic.