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The Importance Of Central Bank Reserves By Andrew Bailey, Governor, Bank Of England, Lecture In Honour Of Charles Goodhart, London School Of Economics

Date 21/05/2024

Andrew Bailey

Governor, Bank of England

 

Central bank reserves play a key role in delivering the Bank of England’s core mandates of financial stability and monetary policy. In this lecture, the Governor discusses implications for the future of the Bank’s balance sheet.

Lecture

It is a great pleasure to be here at this event, hosted by the LSE’s Financial Markets Group in honour of Charles Goodhart.

This evening, I am going to talk about central bank balance sheets and in particular the Bank of England’s balance sheet. An esoteric topic perhaps, but an important one, now more than ever. And it is a topic on which Charles has written extensively.

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