Banks would rather rely on the Federal Reserve to shoulder liquidity risk than account for volatility themselves, Fed President Neel Kashkari said.
Minneapolis Fed President Neel Kashkari responded to Wall Street's complaints regarding repo operations, telling Axios the bankers don't like the policy because"they think it makes them look weak." The banks would rather rely on the central bank to front the risk than shoulder the burden themselves, he said, calling the action"the height of entitlement if ever there was one.
Minneapolis Fed President Neel Kashkari responded to Wall Street's complaints regarding repo operations, telling Axios the bankers don't like the policy because"they think it makes them look weak." The banks would rather rely on the central bank to front the risk than shoulder the burden themselves, he said, calling the action"the height of entitlement if ever there was one.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Draymond, others still adjusting to new NBA height rulesWarriors' Draymond Green Still Adjusting To New NBA Height Rules (via NBCSAuthentic)
Weiterlesen »
On Dating And Male EntitlementA personal essay about dating, male entitlement, and expectations
Weiterlesen »
State senator files complaint against judge who jailed man for missing jury duty'Not qualified to make a fair and impartial decision,' is how Florida State Senator Bobby Powell described the judge who sentenced a 21-year-old man to 10 days in jail for missing jury duty.
Weiterlesen »
MLB Commissioner Rob Manfred Reveals ‘No Plan’ To Move A’s To Las VegasRumors were running wild Tuesday about a possible relocation of the Oakland Athletics to Las Vegas. Major League Baseball commissioner Rob Manfred reportedly “warned city officials that the Athleti…
Weiterlesen »
President orders army onto streets of Ecuadorian capitalQUITO, Ecuador (AP) — Ecuador's army took to the streets after President Lenín Moreno ordered the first 24-hour curfew in decades in response to a day of attacks on government buildings and media...
Weiterlesen »