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Oral evidence: Bank of England Financial Stability Reports, HC 140

· Andrew Bailey, Governor of the Bank of England (United Kingdom)

Summary written by Dark Majestic in its own words · topics: financial stability

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· Andrew Bailey Wiki · Bank of England WikiOral evidence: Bank of England Financial Stability Reports, HC 140

ContextHearing of the Governor before the House of Commons Treasury Committee on the Financial Stability Report.

Why it mattersBailey tells MPs that some decline in risk-taking is acceptable.

Problems raised
  1. Risk appetite is falling.
  2. Financial stability risks exist.
  3. Markets are volatile.
Solutions proposed
  1. Monitor financial stability.
  2. Accept some decline in risk-taking.
  3. Report to Parliament.
Read full speech on committees.parliament.uk ↗

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