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The UK Current Account Deficit: Risky or Risk-Sharing? - speech by Kristin Forbes
Speech given at the Official Monetary and Financial Institutions Forum Roundtable, Vintner’s Hall, London.
Published on
21 March 2016
In a speech to the Official Monetary and Financial Institutions Forum (OMFIF) in London, external MPC member Kristin Forbes explores the risks from the UK’s current account deficit. She concludes that current account deficits can be not only “risky” but in some cases “risk-sharing” and that the latter applies to some extent to the UK’s current account deficit today.
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