Fisher: Bank special liquidity scheme will not be extended
Paul Fisher, the executive director of markets and a member of the Monetary Policy Committee at the Bank of England, on Thursday described the liquidity operations undertaken by the Bank over the past three years and their effects on financial stability.
With regards to the Bank's most recent liquidity provisions, such as the introduction of indexed long-term repos in June 2010, he said: "The Bank must ensure that it guards against moral hazard, by setting the incentives in such a way that
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Profit inflation and monetary policy: weighing the evidence
- Trends in reserve management 2024: survey results
- Central bank of the year: Central Bank of Brazil