Federal Reserve Vice Chair on Bank Capital Requirements
2023-07-10T10:05:58-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMTY4XC8wMDFcLzE2ODg5OTgzMThfMDAxLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Federal Reserve Vice Chair Michael Barr said they are close to their target level of 2% inflation but “still have work to do” when asked about how much higher interest rates would need to be raised to “better manage inflation.” The vice chair delivered remarks and discussed capital requirements for banks during an event hosted by the Bipartisan Policy Center. Several topics were addressed, including the effectiveness of Dodd-Frank, current regulatory framework, banking resilience and risk mitigation, and lessons learned from the failure of Silicon Valley Bank.
Federal Reserve Vice Chair Michael Barr said they are close to their target level of 2% inflation but “still have work to do” when asked abo… read more
Federal Reserve Vice Chair Michael Barr said they are close to their target level of 2% inflation but “still have work to do” when asked about how much higher interest rates would need to be raised to “better manage inflation.” The vice chair delivered remarks and discussed capital requirements for banks during an event hosted by the Bipartisan Policy Center. Several topics were addressed, including the effectiveness of Dodd-Frank, current regulatory framework, banking resilience and risk mitigation, and lessons learned from the failure of Silicon Valley Bank. close
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- John Soroushian Senior Associate Director Bipartisan Policy Center->Business and Technology
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