“The probability of undesirable events and the potential severity of their impact have increased,” said the committee.
“A major change in the nature and predictability of world trading agreements could affect financial stability by depressing growth,” he added.
Trump’s additional “reciprocal” additional prices entered into force during the night, after the markets of the market in anticipation. The FPC said the markets were ordered, despite the exceptionally high volumes – although it noted that the sharp drop in the prices of global equity, credits and risky raw materials, and warned that the risk of additional “net corrections” remains “high”.
However, he said that the British banking system is well capitalized and would be able to support households and businesses “even if economic and financial conditions should be much worse than expected”.
However, companies based on market -based finances are faced with risks in turbulent conditions, warned the FPC.
He also warned that increasing geopolitical tensions increased the risk of cyber attacks, which could disrupt the supply of financial services to British households and businesses.
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