Bailey says FPC will remain vigilant against debt risks and vulnerabilities

Bank of England (BoE) Governor Andrew Bailey said Tuesday that the Financial Policy Committee (FPC) will remain attentive to the risks and vulnerabilities of the debt.

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Companies in weaker sectors will be more vulnerable to higher financing costs.

The FPC continues to review the calibration of the mortgage market measures.

Asset valuations could be sharply adjusted if markets reassess growth prospects, inflation. or interest rates.

Dependence on a small number of cloud service providers could lead to financial stability risks.

He has no immediate plans to revise the guidelines on bankers’ bonds.

Nothing has really advanced in equivalence with the EU.

We are ready to hold talks with the EU on equivalence, but nothing is happening on that front.

We are watching asset prices very carefully.

It is not true that all asset prices are too inflated.

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