It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Thursday, April 20, 2017

Fed's Powell: Financial regulation is excessively complex

  • US can't return to highly vulnerable banking system
  • US needs national focus on boosting growth pace
  • Higher thresholds will leave small firms less burdened
  • US economy is at or close to full employment
He mostly focused on regulation but touched on monetary policy.
If the Fed is going to back away from June, I think it will be similar to how they handled the March hike. They'll leave the market guessing until a week or so before the blackout period.

No comments:

Post a Comment