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Bank of England's Ramsden says will be vigilant towards greater risk-taking

^{Published on 2024-12-09 09:01:17 - Reuters}
 

• The Bank of England will be vigilant over the possibility that investors will take greater risks after a year of relative stability in markets, Deputy Governor Dave Ramsden said on Monday.

The article from Reuters discusses comments made by Dave Ramsden, the Bank of England's Deputy Governor for Markets and Banking, at a conference in Hong Kong. Ramsden highlighted the need for vigilance regarding potential increases in risk-taking within the financial sector as the global economy recovers from the effects of the COVID-19 pandemic. He noted that while the financial system has shown resilience, the low interest rate environment and the search for yield could lead to excessive risk-taking. Ramsden emphasized the importance of maintaining robust regulatory frameworks to manage these risks, especially as economic conditions evolve. He also touched upon the ongoing adjustments in monetary policy, suggesting that central banks must remain adaptable to changing economic indicators and financial stability concerns.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/bank-englands-ramsden-says-will-be-vigilant-towards-greater-risk-taking-2024-12-09/ ]

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