Prudential

Fed gears up to ensure banking system can withstand new threats

By Justin Pugsley
BRR fallback image

These new threats include heightened geopolitical tensions, high inflation, economic slowdowns, crypto developments and the Covid-19 pandemic. Mr Barr explained that the Fed is not being complacent over these threats. He was giving testimony to the Senate Committee on Banking, Housing, and Urban Affairs, on November 15. 

He discussed the ...

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