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Carney Says Bank of England Is Already Fighting the Next Crisis

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BOE's Carney Says He Doesn't Commit to Precise Rate Path

Bank of England Governor Mark Carney is already bracing for the U.K.’s next financial crisis.

While no central bank can eliminate the risk of future crises, he said the BOE is creating a more secure environment by planning for bank failures, providing liquidity and ensuring higher levels of capital.