BoE’s Broadbent examines rising cost of capital

ben-broadbent

Ben Broadbent, an external member of the Bank of England's Monetary Policy Committee, spoke on May 28 about the causes of rising capital costs.

Speaking at Bloomberg in London, Broadbent highlighted increases in the risk premium since the financial crisis. This is "exactly what you'd expect if investors' fears about downside risks in particular began to intensify," he said. "What I have in mind here is the possibility of extreme outcomes in the euro area."

Such a "rare disaster" would impact

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: