Higher interest rates no ‘immediate threat' to UK banks, says FPC

The Bank of England

Higher interest rates in the UK prompted by false expectations of a taper of the Federal Reserve's asset purchasing programme in September did not significantly impact financial institutions, but have underlined the importance of banks ensuring they are not overly exposed to a sharp correction in interest rates or credit spreads, the Bank of England's (BoE) Financial Policy Committee (FPC) said in a statement yesterday.

Preliminary results of an assessment by the FPC of the vulnerability of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.