BOE's Mark Carney with his financial stability hat on
- Crisis could trigger a broader market adjustment
- Greek events have made the stability outlook worse
- Events in Greece have moved quickly
- ECB has shown willingness to use all tools
- Is in close contact with European counterparts on Greece
- UK relatively well insured form Greek crisis
- UK economic growth has been solid
- Risks from low inflation and high debt have reduced
- Sees increased risks in EM's
- China policy makers face a challenging balancing act
Carney comments after the publication of the latest BOE financial stability report