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Surveillance: Bank Turmoil with KBW's Michaud

Bloomberg Surveillance

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The Importance of Financial Stability in a Dynamic Process

The head of the PRA said yesterday, already calling for a tightening of liquidity rules and liquidity coverage ratios to make sure that all banks have enough cash. I think it is going to be a bit of a vote, looking at the global situation, but crucially for central banks, they also really want to steer the discussion away from the impact of monetary policy as well. Financial stability, priceability, they are separate.

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