Stock markets will fall, Bank of England deputy governor says
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Sarah Breeden predicts ‘adjustment’ due to elevated risk including private credit and highly valued AI stocksBusiness live – latest updatesRecord-high global stock markets do not reflect the risks in the global economy, and will fall back, a deputy governor at the Bank of England has said.Sarah Breeden, the deputy governor for financial stability at the Bank, fears that macroeconomic risks are not fully priced into equity markets. She cited concerns about private credit markets, highly valued ar
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