Bank of England in fresh emergency move to calm markets
The Bank of England warns of a “material risk” to financial stability as it buys more government bonds. …
“A material risk to UK financial stability” are words the Bank of England uses rarely, a warning of a threat to the financial system it can’t confidently ignore. It’s even more rare for several senior Bank executives to have indicated part of the blame for the turmoil may lie at the government’s door, the result of domestic policy.
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