Sajid Javid says Andrew Bailey was "the standout candidate" for the coveted role of Bank of England governor.

Watch CNBC's full interview with the Bank of England's Andrew Bailey

Andrew Bailey: We must ensure inflation drops back down

Governor of Bank Of England Andrew Bailey say inflation has come down

Watch CNBC's full interview with Bank of England Governor Andrew Bailey

Bank of Japan Governor Kazuo Ueda on easy monetary policy: Underlying inflation is lower than 2%

Monetary Policy and the Economy