General · 24 April 2026
The Bank of England Thinks Markets Are Wrong About the Risks
Bank of England Deputy Governor Sarah Breeden warned the BBC that global stock markets are overvalued and an adjustment is expected. She said asset prices don't reflect real economic risks, including a private credit market that has grown to $2.5 trillion untested at scale. She flagged AI valuations and a simultaneous multi-risk collapse as her biggest fear.
Reported by BBC · How we write briefs