Top news and what to watch in the markets on Monday, June 22, 2020.
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Jun.22 — Bank of England Governor Andrew Bailey signaled a major shift in the central bank’s strategy for removing emergency stimulus, stressing the need to reduce the institution’s balance sheet before hiking interest rates.
Writing for Bloomberg Opinion, Bailey said such a plan would give officials more firepower in future crises. David Goodman reports on “Bloomberg Markets: European Open.”
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