BlackRock chairman warns Carney over low rate environment

Carney, Nouy and Weidmann in panel debate on financial intermediation

Bank of England governor Mark Carney
BoE governor Mark Carney

BlackRock chairman Laurence Fink today criticised the low interest rate regimes in place at the major central banks, as he warned a panel of senior policy-makers that private institutions could "refuse to lend" if rates remain depressed.

The prediction was rebutted by Bank of England governor Mark Carney, who countered: "I don't believe you", before adding the two probably agreed "more than it may seem".

The panel was chaired by Bundesbank president Jens Weidmann, and also featured contributions

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.