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Bank of England chief warns of risks to stability from private sector financing amid rising rates and tighter credit.
Bank of England Governor Andrew Bailey emphasized that the central bank must treat concerns about private sector financing with serious attention, highlighting potential risks to financial stability and economic growth.
He urged regulators to closely monitor private finance developments, especially amid rising borrowing costs and tightening credit conditions.
Bailey's remarks come as inflation pressures persist and policymakers assess the long-term impacts of recent monetary tightening.
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El jefe del Banco de Inglaterra advierte de los riesgos para la estabilidad de la financiación del sector privado en medio del aumento de las tasas y la restricción del crédito.