BoE's Fisher underlines need for co-ordination between top committees

PRA deputy head says choices of one committee ‘will affect the choices of the others'

paul-fisher

There is no inherent conflict to achieving the triple objectives of 2% inflation, financial stability, and the safety and soundness of companies at the same time, but co-ordination is needed, said Paul Fisher, deputy head of the Bank of England's (BoE) Prudential Regulation Authority, during a speech at Richmond University in London today.

"Even though the different policy objectives can be achieved simultaneously, that does not mean each committee can ignore the others," he said. "In practice

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