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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Kristin Forbes biography

Kristin Forbes

Member of the Monetary Policy Committee from July 2014 until June 2017

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