15 Apr 2014
Fed's Yellen: US economy still recovering from the financial crisis
FXStreet (Łódź) - Speaking at the Atlanta Fed’s Financial Market Conference, Fed chair Janet Yellen says that major US banks might need more capital.
• "There might be room for stronger capital and liquidity standards for large banks," she suggests.
• New regulations do not encompass shadow banking.
• The FOMC is discussing further measures to address short-term wholesale funding market stability risks
• “New Basel liquidity rules do not fully address short term funding risk,” the Fed chair says.
• "There might be room for stronger capital and liquidity standards for large banks," she suggests.
• New regulations do not encompass shadow banking.
• The FOMC is discussing further measures to address short-term wholesale funding market stability risks
• “New Basel liquidity rules do not fully address short term funding risk,” the Fed chair says.