Bank of England's Bailey 'very alert' to risks after Trump threats over Greenland
Yahoo Finance·2026-01-20 22:21
By David Milliken LONDON, Jan 20 (Reuters) - The Bank of England must be "very alert" to geopolitical risks, Governor Andrew Bailey said on Tuesday as financial markets were thrown into fresh turmoil by U.S. President Donald Trump's stated desire to control Greenland and the risk of a trade war. Wall Street futures hit one-month lows, while the dollar entered a second day of declines and long-dated government bond yields rose sharply. Bailey, responding to lawmakers' questions, said geopolitical ris ...