BoE Governor Andrew Bailey Faces Treasury Committee Over Rate Decision

Thank you for the opportunity to speak to you today. In preparing for this event, I found myself reflecting on the evolution of the concept of financial health. What began as a push for expanding financial access has evolved over the decades—thanks to advances in research, technology, and the efforts of many of you here at today's conference—to a focus on delivering better financial health outcomes for American families. Financial health begins with access, but it does not end there. Products and services that are geared to meet the needs of consumers lead to tangible positive financial outcomes for them. The continued evolution of financial health measures can help to meet that objective. Technological advances in artificial intelligence (AI) have made it easier and cheaper to gather, analyze, and deploy financial data at scale. If properly used, financial health metrics can help people better manage their finances, and in doing so better achieve their financial goals, such as saving for an emergency, buying a home, paying for their children's education, and investing for retirement. Ultimately, financial health measures hold the promise of increasing the resilience of individuals and families, leading to stronger communities and a stronger and more vibrant economy. FED'S BARR DOESN'T COMMENT ON ECONOMY OR MONETARY POLICY

BOE'S BAILEY SAYS CUT EXPECTATIONS REMOVAL HAS TIGHTENED POLICY. BoE Gov. Bailey: Financial market tightening gives us some time to assess whether to raise rates. BANK OF ENGLAND'S BAILEY SAYS GROWTH AND JOB MARKET SHOWING SIGNS OF SLOWDOWN. BANK OF ENGLAND GOVERNOR ANDREW BAILEY TO TREASURY COMMITTEE: THE NOTION OF 2 RATE CUTS THIS YEAR WAS TAKEN OFF THE TABLE AFTER THE MARCH MPC MEETING #bankofengland #boe #monetarypolicy #ukeconomy #interestrates #inflation #energypriceshock #andrewbailey

Iran's parliament speaker: Obvious and hidden moves of the 'enemy' show they are seeking a new round of war Iran's Parliament Speaker Ghalibaf: Our military forces have used the ceasefire opportunity in the best way to rebuild their strength. Iran's Parliament Speaker Ghalibaf: Mounting economic pressure and blockade will not compel Iran to surrender. Iran's Parliament Speaker Ghalibaf: Iran and the US are in a war of wills. GHALIBAF URGES IRAN TO BOOST SECURITY PREPAREDNESS FOR POSSIBLE ATTACKS.