Fed chief Jerome Powell: US to maintain post-crisis regulations

Newly-installed US Federal Reserve chief Jerome Powell pledged Tuesday to preserve the key gains made in banking regulation since the global financial crisis and continue gradual interest rate increases. Powell, who took over as Fed chair February 5, just as Wall Street took a vertiginous dive, also said the central bank would continue to reduce its…


Author: HEDGE

Executive Editor and Founder of HEDGEaccordingly.com. Hedge Was Founded in January 22, 2008. Learn more about HEDGEaccordingly