FPC ready to burst any new credit bubble

By Huw Jones LONDON (Reuters) - The Bank of England's risk watchdog will not shy away from playing party pooper if parts of the financial system start overheating, a senior official at the central bank said on Wednesday. The warning comes ahead of a quarterly meeting of the BoE's Financial Policy Committee, tasked with nipping risks in the bud. The partially government-sponsored revival in some parts of the UK housing market is a possible topic. ...



via Health News Headlines - Yahoo! News http://news.yahoo.com/fpc-ready-burst-credit-bubble-170517637--sector.html