số 49 lớp 47 The Bank of England cannot stop house prices - TopicsExpress

số 49 lớp 47 The Bank of England cannot stop house prices rising and it should not attempt to do so, according to its most senior executive in charge of financial stability. Speaking to The Mail on Sunday after the publication of the Bank’s latest measures against excessive mortgage lending, executive director Spencer Dale said: ‘It is not our job to control house prices, nor can we control house prices. They will be determined by the underlying conditions of the market.’ Dale’s comments came after the Bank was accused by critics of ‘pulling its punches’ with its latest policies to stem excessive lending. The Bank itself admitted that the new measures would have only a ‘minimal’ effect on the market. Read more: dailymail.co.uk/money/news/article-2673343/Its-not-job-control-house-prices-says-Bank-England.html#ixzz35zQOL1Y1 Follow us: @MailOnline on Twitter | DailyMail

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