Growing skepticism and fatigue with the ECB president’s policies and leadership style suggest far-reaching changes he instituted aren’t irreversible FRANKFURT—When European Central Bank President Mario
The global bull run that started in 1985 is now one of the most intense in the debt market’s 700-year history, comparable with a deleveraging and economic growth spurt that followed the Napoleonic wars.
Now the US has relaxed a rule banks hate, will they start making the sort of dodgy bets that sparked the financial crisis?
Paul Volcker, whose decades-long career in Washington saw him serve under six presidents, once famously said that the only useful innovation from banks in recent history was the automatic teller machine.
The Federal Deposit Insurance Corp. board voted 3-1 Tuesday to give big banks more leeway to make risky short-term bets in financial markets by loosening a landmark but highly contentious regulation known
In an unfortunate decision, three of the four voting members of the board of the Federal Deposit Insurance Corporation (FDIC) voted to significantly gut the Volcker Rule, a risk reduction cornerstone the
So long as the Fed sticks to central banking, i.e. monetizing a portion of the national debt with monetary base, it can expect to be an independent expert agency. Regarding Paul Volcker, Alan Greenspan,
• Goldman Sachs CEO David Solomon told CNN he doesn't think there is "an impending economic crisis," as the US economy remains strong despite "slowing a bit."• The executive added that the US-China trade
Former Federal Reserve Bank Chairman Paul Volcker AP, Matt Rourke. Consumer advocates are very concerned that last week’s release of an Office of Financial Research (OFR) preliminary working paper, ‘The
WASHINGTON (AP) — President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies.