BoE Financial Stability Report (July): will raise the counter-cyclical capital buffer rate to 2% in July 2023
- Is prepared to adjust counter-cyclical capital buffer rate in either direction.
- 2022 stress tests will start in September with results due mid-2023.
- Risky assets remain vulnerable to sharp adjustments.
- Falling crypto markets expose vulnerability but not stability risk overall.
- UK house price growth is expected to slow later 2022 and 2023.
Via BoE
05 Jul 2022 - 10:30- Important- Source: Newswires
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