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BOE's Bailey: We face a challenge to raise the potential growth rate of the economy

  • There are strong headwinds against boosting potential growth
  • We must facilitate AI as the most likely general-purpose tech that can move the needed on growth in the economy
  • We must also invest in new skills in the labour force
  • We have been forcefully reminded that trade policy has to include a national security dimension

He’s not really addressing monetary policy here.

This article was written by Adam Button at www.forexlive.com.

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