Analysis: BoE and ECB rate policies add long-term risk

07/17/2013 | Reuters

Comments by Mark Carney and Mario Draghi, heads of the Bank of England and the European Central Bank, respectively, signal that both banks are committed to low interest rates, alleviating a short-term risk of shock, experts say. However, the move allows a potentially dangerous level of risk to accumulate on banks' books, they say.

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