UPDATE 1-BoE’s Cunliffe moots more bank capital firepower for downturns
The Bank of England may need to
make its main tool to smooth out swings in bank lending more
powerful to combat future economic downturns if interest rates
stay low for a long time, Deputy Governor Jon Cunliffe said on
Monday.
make its main tool to smooth out swings in bank lending more
powerful to combat future economic downturns if interest rates
stay low for a long time, Deputy Governor Jon Cunliffe said on
Monday.
Posted by Reuters
