BoE's Carney: Immediate action will be taken is imminent risks emerge

FXStreet (Łódź) - Mark Carney assures that the central bank's actions on housing are "graduate and proportionate" and that they don't affect the central outlook for the economy.

• Housing market proposals today will have no impact on current housing activity, but will "bite" if there's a sustained rise in house prices.

• There's no need to divert monetary policy to address a sector-specific risk in the UK housing market.

• Households will be able to get mortgages if they can afford them.

• New measures on mortgages will prevent responsible lending today from turning into reckless lending tomorrow.