Bank of England’s Kohn urges banks to focus on risks from end to QE

British banks need to prepare for the risk of financial market turmoil when central banks end unconventional monetary policy such as asset purchases, the Bank of England said on Thursday. Don Kohn, a former vice-chairman of the U.S. Federal Reserve who now serves on the BoE’s main risk watchdog, …

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Bank of England’s Kohn urges banks to focus on risks from end to QE

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