Bank of England - Financial Stability Report, July 2019 - Live at 11.00am

11th July 2019

The latest financial stability report for the UK will be broadcast live

on Youtube at 11.00am today 11 July 2019 or can be watched later.

See it HERE

Read the report at https://www.bankofengland.co.uk/financial-stability-report/2019/july-2019

Notes

FPC mentioned a few times in the speech is -

The Financial Policy Committee (FPC) is an official committee of the Bank of England, modelled on the already well established Monetary Policy Committee.

Libor

The London Inter-bank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans. ... The rate is calculated and published each day by the Intercontinental Exchange (ICE).

Mentioned in reporters questions so here is an article about that -

https://www.theguardian.com/business/2019/jun/08/neil-woodford-fund-manager-rise-and-fall-investors-bright-star-black-hole

For information about Current Account Deficit see - https://tradingeconomics.com/united-kingdom/current-account

About the international Monetary Fund https://www.ecnmy.org/learn/your-world/international-organizations/what-is-the-imf/?gclid=EAIaIQobChMIgLzf9dOs4wIVCLLtCh0HDgTXEAAYASAAEgLee_D_BwE

To see what the IMF does see the web site - www.imf.org

What is an open ended fund - See https://www.investopedia.com/terms/o/open-endfund.asp

Libra Crypto currency concerns see -

https://www.cnet.com/news/us-central-bank-has-serious-concerns-about-facebooks-cryptocurrency-libra-report-says/