Financial Policy Committee plays down bubble fears

Today’s statement by the Bank of England’s Financial Policy Committee (FPC) lacked drama. While the Committee is keeping a close eye on developments in the housing market, the approach for now is words rather than action. In any case, with house prices becoming increasingly unaffordable, market forces may save the FPC from having to make tricky macro prudential decisions.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.