Carney's BoE walks fine line between stimulus and financial stability
The governor of the Bank of England (BoE), Mark Carney, today announced a relaxation of liquidity rules for UK banks that meet the minimum 7% capital ratio, as part of an effort to "underpin the supply of credit" to the real economy in the UK.
The central bank is casting the move as striking the "appropriate balance" between achieving resilience in the financial sector and freeing up lending. But by doing so the BoE also walks an increasingly fine line between stimulatory monetary policy and
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