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Small Is Beautiful But Big Is Necessary - Speech By Minouche Shafik, Deputy Governor, Markets & Banking, Bank Of England

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​In a speech at Bloomberg’s Markets Most Influential Summit, Minouche Shafik, the Bank of England’s Deputy Governor for Markets and Banking, considers the coordination and impact of recent wide-ranging decisions by our policy committees, and the outlook for further stimulus. She concludes that while monetary policy can help the process of adjustment following the referendum, it is not the complete answer.

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