BoE FPC: Markets may ‘jump to illiquidity’ if stressed


“Material debt vulnerabilities” and “structural illiquidity” could amplify any future shock to the global economy, which is already looking fragile in the face of deepening trade disputes, the Bank of England’s Financial Policy Committee warns.

In a summary of the FPC’s latest meeting, published today (October 9), the BoE warns of high and rising debts in China, Hong Kong and the US – all major markets to which UK banks are exposed.

FPC members note the trade war has “put further downward

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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