The Guardian Australia – Business
·business
·2 hours ago
Stock markets will fall, Bank of England deputy governor says
Bank of England deputy governor Sarah Breeden warned that global stock markets will decline due to elevated risks associated with private credit and high valuations in AI stocks. Breeden expressed concerns about a potential 'private credit crunch' during a BBC interview. Following her comments, the FTSE 100 fell over 0.5% amid broader market concerns related to the ongoing Iran conflict.
Summary by Glance · The Guardian Australia – Business
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