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KM Financial Solutions | UPDATE 1-BoE’s Cunliffe moots more bank capital firepower for downturns
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UPDATE 1-BoE’s Cunliffe moots more bank capital firepower for downturns

13 Oct UPDATE 1-BoE’s Cunliffe moots more bank capital firepower for downturns

Posted at 13:32h in News by
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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.

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