- Given increased risks, maintaining focus on financial stability is more important than ever.
- Risks to financial stability have risen.
- Most important thing we can do for economic growth is support financial stability.
- I would expect banks to support economy through lending following capital changes.
There are no monetary policy comments. As a reminder, the BoE is expected to cut the Bank Rate by 25 bps this month following yet another soft UK labour market report and benign inflation data.
This article was written by Giuseppe Dellamotta at investinglive.com.