Counter-cyclical buffer maintained at 2%Risk management in private equity sector needs improving to reduce vulnerabilitiesGlobal financial risk environment “broadly unchanged” from Q1Adjustment to higher interest rates is still not completeMarket prices are still vulnerable to a sharp correctionMany UK households are under pressure from higher living costs, ratesUK businesses “broadly resilient” to current economic outlookFull report
There aren’t any direct monetary policy quotes in this. However, it is worth noting the narrative that is being put out. That being households and businesses managing to cope with present conditions. In other words, it is still okay for the BOE to keep rates as they are if need be.
This article was written by Justin Low at www.forexlive.com.
