Further macro-prudential policies ‘may be needed’ in UK, says IMF
Staff say existing measures have eased but not eliminated risks to household finances
Additional macro-prudential measures "may be necessary" in the United Kingdom, IMF staff said today (December 11), at the conclusion of their first Article IV consultation in the country for almost 18 months.
Existing measures have "eased but not eliminated risks" to household finances, the staff said. While house prices are growing at a slower rate, they continue to rise "much faster" than incomes.
Other prices are rising more slowly, with headline inflation at –0.1%. The Bank of England (BoE)
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