The Financial Policy Committee (FPC) works to ensure the UK has a stable financial system.
The UK’s financial system enables households and businesses to make payments, manage their savings, borrow money, and guard against risks. A stable financial system is one that can absorb shocks, such as economic downturns, rather than making them worse.
The FPC works in two main ways. First, it seeks to identify weaknesses in the UK’s financial system. Second, it takes action so that the system is able to absorb negative shocks.
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