BOE’s Hauser says banks must guard against faster bank runs

  • Need to ensure banks’ liquidity insurance remains appropriate as technological change increases the risk of larger and faster deposit runs
  • Will continue to deepen alternative liquidity sources for banks
  • Will look to calibrate BOE liquidity toolkit to return market discipline to banks’ liquidity management

It’s all very dry stuff and nothing concerning monetary policy. Carry on as you will.

This article was written by Justin Low at Source