In Focus
Stability in the financial markets: Impact on pensions, mortgages and the rental market
Volatility in the financial markets can have impacts throughout the financial system. This article looks at the role of the Bank of England in maintaining financial stability and its recent intervention to prevent “dysfunction” in the gilt market from causing “contagion” to credit conditions for UK households and businesses. In particular, the article looks at how recent financial market volatility may have affected pensions, mortgages and the rental market.