BOE’s Cunliffe: Closely monitoring LDI funds to ensure resilience
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The Bank of England (BOE) Deputy Governor Jon Cunliffe said in a letter published on Thursday, the bank and FPC continue to monitor market conditions and channels through which vulnerabilities could amplify future market stresses.
GBP/USD is feeling the heat from the BOE commentary, as it drops back below 1.1300, down 0.34% on the day.
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