Indeed, the ECB's European Systemic Risk Board serves a function that is similar to the United Kingdom's new Financial Policy Committee (FPC).

事实上，欧洲央行的欧洲系统性风险委员会和英国的新财政政策委员会(FPC)职能相似。

youdao

Under this scenario, the Bank of England's monetary Policy Committee (MPC) would favor an increase in interest rates, while the FPC would want to loosen monetary conditions.

在这种情况下，英格兰银行货币政策委员会(MPC)将会倾向于提高利率，而FPC则希望放松银根。

youdao

Because both the FPC and the MPC rely on a monetary-transmission mechanism that operates through Banks, it isn't clear that inflation-targeting and liquidity maintenance can be so neatly separated.

因为FPC和MPC都依赖于银行之间运行的货币传递机制，要把通胀目标和维持流动性分开并不容易。

youdao

There is no magic bullet available to the FPC to simultaneously strengthen banks and increase credit creation.

BBC: Who can boss the banks?

The FPC will tackle systemic risk and endeavour to stop banks lending too much to inappropriate institutions.

BBC: Treasury Committee

Now the odd thing, which I didn't realise until recently, is quite how "Heath-Robinsonesque" the FPC's powers are.

BBC: UK banks 'still short of capital', says BoE