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    29.03.2016 15:04 Bank of England’s Financial Policy Committee: the referendum on Britain’s membership in the European Union (EU) is the most significant short-term domestic risk to financial stability

    Bank of England's (BoE) Financial Policy Committee (FPC) released the minutes from its meeting on March 23. The FPC said that the referendum on Britain's membership in the European Union (EU) was the most significant short-term domestic risk to financial stability. The committee noted that the uncertainty around the outcome of the referendum could lead to a further depreciation of the pound and to higher costs for U.K. borrowers.


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