Question

hi there!

i wanted to ask a generic question which i was wondering in regards to the 2008 financial Crisis. i have been looking at how the US goverent could have potentially respnded better to the crisis but i was just wondering, does anyone have any ideas as to how the bank of england could have responded more effectively due to the 2008 crisis?

thank you!!

Answer 1

forced by Bank of England during hanual Buses DODB. 0 Liquidity 6 ② A lack of The Risk cash flow of insolvency Roles of Bank of England in 2008 viesis ③ Policy making and it neecud to have the right expertise to do that. - The Bank concern was then about the need to raise interest rates as coil Prices headed to almost $150 per barrel potentially stocking Inflation 2 Expressed a sense of releif that the banking system had been saved from со пари By Reaving Interest Rates. By pumping money into economy. ③ brodit worthiness of the uk gout at risk :- Bank of England say it was ill informed. There was no doubt that the fiscal deficit would rise Shaply .... that was the inevitable price of dealing with the financial crisis