Bank of England Initiates Stress Test In Aftermath of Liz Truss Budget Disaster
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<p>In a groundbreaking move, the Bank of England has called upon more than 50 financial institutions in the City to conduct a comprehensive stress test, simulating the repercussions of a sudden and drastic movement in bond prices. This initiative marks the first financial system-wide stress test of its kind, reflecting the central bank’s proactive stance […]</p>
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