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Official Record

Bank of England - Quarterly Bulletin

Details of the impact of Northern Rock's use of the lender of last resort facility on the Bank of England's open market operations are noted in the latest edition of the Quarterly Bulletin.

Subprime aftermath risks exacerbating imbalances

Financial market turbulence, together with a significant slowdown in the United States, could lead to and be exacerbated by a disorderly resolution of global current account imbalances, says the Bank of Canada's latest Financial System Review.

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