View full page at forexfactory.com

 

Bank of England Worries From Property to Debt May Need Action

From bloomberg.com

Bank of England Governor Mark Carney will reveal on Tuesday just how worried he is about parts of the U.K. financial system.  While the economy is growing at a healthy pace, members of the BOE's Financial Policy Committee have highlighted pockets of concern, some of which are a result of more than six years of record-low interest rates. Among the issues that have caught their eye are the property market and a potential drought in bond-market liquidity, as well as the fact that unsecured debt is rising at pre-crisis rates. The FPC, which can deploy tools on everything from curbs on home loans ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News