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.
Other speeches
Give your feedback
Thanks! Would you like to give more detail? Press Spacebar or Enter to select