Bank of England won't hesitate to act on housing risks: deputy chief

Thu, Apr 28, 2016 - 5:50 AM

Mr Cunliffe says the BOE is monitoring property markets closely.

PHOTO: BLOOMBERG

London

BANK of England (BOE) deputy governor Jon Cunliffe said the central bank's Financial Policy Committee (FPC) won't hold back from quashing risks that appear in the housing market.

In a speech in London late on Tuesday, the deputy governor for financial stability highlighted...

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