BoE's Carney is ready to shut down any housing bubble

08/30/2013 | Daily Mail (London), The · Market News International

Bank of England Governor Mark Carney said he will "personally" take action to protect the economy if rising house prices threaten to create an asset bubble. Prices rose 4.6% in the second quarter, the fastest pace in more than three years. "We are watching it closely, and we will as appropriate make our views known in terms of the degree of this risk and the potential action that should be taken to address it," he said.

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Daily Mail (London), The · Market News International

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