BOE's Hauser says banks must guard against faster bank runs

  • Remarks by BOE policymaker, Andrew Hauser
  • Need to ensure banks' liquidity insurance remains appropriate as technological change increases the risk of larger and faster deposit runs
  • Will continue to deepen alternative liquidity sources for banks
  • Will look to calibrate BOE liquidity toolkit to return market discipline to banks' liquidity management

It's all very dry stuff and nothing concerning monetary policy. Carry on as you will.

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