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Bailey Warns Populism Threatens Global Stability, Institutions

1/16/2026

Summary

Story summary

Bank of England Governor Andrew Bailey warned that populism threatens global institutions and living standards.
Speaking to the Bellagio Group, he urged international bodies to resist populist movements.
He cited three traits: domestic production preference, blaming external forces, and eroding trust in institutions.
Bailey and other central bank leaders expressed solidarity with Federal Reserve Chair Jerome Powell amid pressures from the Trump administration, led by U.S. President Donald Trump.

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Story summary

Bank of England Governor Andrew Bailey warned that populism threatens global institutions and living standards.
Speaking to the Bellagio Group, he urged international bodies to resist populist movements.
He cited three traits: domestic production preference, blaming external forces, and eroding trust in institutions.
Bailey and other central bank leaders expressed solidarity with Federal Reserve Chair Jerome Powell amid pressures from the Trump administration, led by U.S. President Donald Trump.