Bank of England’s Financial Policy Committee: risks to U.K. financial stability increased due to a slowdown in the Chinese and emerging market economies

Market news

25 September 2015

Bank of England’s Financial Policy Committee: risks to U.K. financial stability increased due to a slowdown in the Chinese and emerging market economies

The Bank of England's (BoE) Financial Policy Committee (FPC) said on Friday that risks to U.K. financial stability increased due to a slowdown in the Chinese and emerging market economies, but risks in relation to Greece and the Eurozone declined.

"Overall, the FPC judges that the outlook remains challenging. While the resilience of the financial system has continued to improve, downside risks have risen," the FPC said in its statement.

U.S. preliminary services purchasing managers' index declines to 55.6 in September

U.S.: Services PMI, September 55.6 (forecast 55.6)

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