BoE's Carney: Housing market the biggest risk for UK economy

FXStreet (Łódź) - BoE governor Mark Carney comments on the just released UK Financial Stability Report saying that biggest threat to UK's economic recovery is the housing market.

• BOE focused on turning recovery into a durable expansion, Carney says.

• Financial stability risks stem from from rising debt, as it could could pose a risk to banks, the UK economy.

• It's not the FPCI's role to control house prices, Carney stresses, outlining the central bank's role on the housing market.

• Household indebtedness does not poses an immediate threat to stability, the BoE chief assures.