Bank of England warns of UK economic risks from global financial markets due to rising tensions and higher interest rates.

The Bank of England warns that the UK economy faces increasing risks from global financial markets due to rising political tensions and higher interest rates. The Bank's Financial Policy Committee found that some global financial stability risks have grown since their last meeting in December. Although households and businesses have managed to stay resilient in the face of cost-of-living pressures, the FPC suggests that these increased risks are not being reflected in investor valuations, which could impact market stability.

March 27, 2024
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