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18.04.26 - 11:12
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Central bank bosses enlist for war game to gauge threat of Lehman-style bust (The Guardian)
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Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bankThe bosses of the central banks and treasuries of the UK, US and EU are to take part in a war game in Washington on Saturday to test how they would handle the collapse of a globally significant bank.Amid growing unease over the risks to global financial stability, the most senior officials from the US Federal Reserve, the European Central Bank and the Bank of England – including its governor, Andrew Bailey – are expected to take part. Continue reading......
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17.04.26 - 23:15
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Washington Post editorial board slams Trump′s ′pointless standoff′ with Powell (The Hill)
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The Washington Post's editorial board rebuked President Trump's threats to fire Federal Reserve Chair Jerome Powell, calling the feud a “pointless standoff that the president will lose.” “The question is how much he spooks markets and damages his own political standing before this is over,” the board wrote in an opinion published Wednesday. Trump has......
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17.04.26 - 22:24
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Warsh Fed Chair Hearing Set for Next Week (Bloomberg)
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Bloomberg's Enda Curran joins Katie Greifeld on "Bloomberg Real Yield." The Senate Banking Committee has scheduled a confirmation hearing at 10 a.m. on April 21 for Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair. (Source: Bloomberg)...
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