Bank of England's Ramsden says will be vigilant towards greater risk-taking
Published by Global Banking & Finance Review®
Posted on December 9, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 9, 2024
1 min readLast updated: January 27, 2026

Bank of England's Ramsden warns of potential increased risk-taking by investors due to current market stability, referencing Minsky's theory.
LONDON (Reuters) - The Bank of England will be vigilant over the possibility that investors will take greater risks after a year of relative stability in markets, Deputy Governor Dave Ramsden said on Monday.
"I am also mindful that whilst this has been a year of relative stability, that is never a sign that we should get complacent," Ramsden said in the text of a speech he was due to deliver at the Official Monetary and Financial Institutions Forum, a think tank.
"As famed economist Hyman Minsky once said, 'stability breeds instability' and the comparatively calmer market conditions of this year could lead to greater risk-taking in future," Ramsden added.
(Reporting by William Schomberg and Andy Bruce; editing by Sarah Young)
The main topic is the Bank of England's vigilance towards potential increased risk-taking by investors.
Ramsden is concerned because stable markets can lead to complacency and increased risk-taking.
Hyman Minsky was an economist known for his theory that stability can lead to instability in financial markets.
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