- expects Greece and Eurozone to make an agreement though
- UK’s financial exposure to Greece is “small”
- downside risks to the global economy “abound”
Former US Fed vice chairman, Donald Kohn, now with the Bank of England FPC since 2011, in front of a parliamentary committee
- BOE MPC keeping rates low for long may affect search for yield and have financial stability implications
Kohn – Sees plenty of risks to global economy
