John Wraith

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Last quote by John Wraith

In all of this, there will be a very careful approach where, whether it is the CCyB, regulating different parts of consumer credit more tightly, potentially raising interest rates, or ending the term funding scheme early – these are all possible approaches, but they are not going to do them all at once. I think the approach will be to try to tiptoe into reversing some of the policies that have been put in place for earlier, harder times, and then sit back to judge what impact it has.feedback
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Jun 24 2017
John Wraith has been quoted in 5 different articles. Most recently, John Wraith has been quoted saying, “The credit conditions survey … clearly shows that in the latest quarter credit scoring criteria were loosened significantly, the proportion of loan requests being approved shot up, and the average credit quality went down. That is the sort of toxic mix that the [FPC] won't like the look of at all.” in an article called Bank of England faces echoes of the 2007 crunch as Brits are back to their bad old habits racking up debt. This is only one of 6 quotes from John Wraith. To see more examples John Wraith’s views and opinions, check out the section below. You can filter John Wraith's quotes by date and by topic to see, for example, what John Wraith said about shock recently and in the past.
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Quotes by John Wraith

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