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- BoE - some possible global risks have not crystallised, financial vulnerabilities in China remain pronounced
BoE - some possible global risks have not crystallised, financial vulnerabilities in China remain pronounced
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Risks from domestic financial environment are at standard level
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Expects to raise ccyb to 1.0 pct from 0.5 pct in november, with further one-year implementation phase
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Uk consumer credit has grown rapidly, lenders may be placing undue weight on recent benign conditions
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Fpc stands ready to cut ccyb rate if risks materialise that could tighten lending conditions
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UK authorities to issue new recommendations on consumer credit in july, boe will bring forward consumer credit stress tests
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Plans to raise banks' minimum leverage ratio requirement to 3.25 pct of exposures ex central bank reserves from 3 pct
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Will continue to oversee brexit contingency planning by financial institutions, including for 'no deal' outcome
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Expects to keep existing mortgage loan-to-income restrictions for long-term, tweaks benchmark for mortgage affordabilty test
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