Posts Tagged ‘necessary’
Looks like someone had a preview of the BOE head’s remarks before a parliamentary committee…
Here is a round-up of his remarks.
Speaking at Jackson Hole, BOE deputy governor Bean said more monetary policy easing may yet bee needed.
Avoiding future crises in the credit markets will require central bankers and regulators to rely more on regulation than merely on monetary policy, Bean said.
The BOE is replacing the Financial Services Authority as the primary bank regulator in the [...]
Only wire headline so far. Will be interested to see context of comment. EUR/USD having reached 1.3408 back at 1.3395.
EDIT: Constancio told reporters “As I said during my hearing in European parliament, I think the IMF is not necessary and should not have a role.”
