Financial Policy Committee

The Financial Policy Committee (FPC) is a group within the Bank of England responsible for overseeing and maintaining the stability of the financial system in the UK. They analyze risks that could threaten financial stability, such as excessive borrowing or asset bubbles, and decide on measures to prevent or reduce such dangers. Their actions help ensure that banks and financial markets function smoothly, reducing the likelihood of financial crises. Essentially, the FPC works proactively to keep the financial environment resilient and secure, supporting the overall health of the economy.