Pedestrians pass The Bank of England in the City of London

General Sources Monday 14th January, 2013

Monetary Policy Committee could have lower interest rates than otherwise "to cushion the impact on growth" if tighter credit rules lowered the outlook for inflation, the report said. Last year the FPC said it wanted two key powers, among others, to require banks to raise and lower capital ratios over the course of an economic cycle, and also to impose capital surcharges on risky areas of lending like some property loans. Property booms and bu...

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Source: http://www.breakingpropertynews.com/index.php/sid/211927635/scat/d701f9c0b5bae910

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