News & Events

The Wall Street Journal, April 18, 2013. All Rights Reserved. New York Department of Financial Services Superintendent Benjamin Lawski signaled in a speech Thursday that he will not shy away from taking the “lead” among regulators while confronting U.S. financial giants. Lawsky rankled other regulators last year when he pursued a money laundering case against […]

Money News, April 18, 2013. All Rights Reserved. Easy money policies are bringing some relief to lower-income Americans hard-hit in the recession and the easing could become increasingly potent as the housing market recovers, a top U.S. Federal Reserve official said on Thursday. In a speech on equality and the U.S. economy, Fed Governor Sarah […]

Bloomberg, April 18, 2013. All Rights Reserved. Federal Reserve Governor Sarah Bloom Raskin said the Fed should press on with record easing, predicting that current policy will increasingly improve the economic outlook for low-income Americans. The Fed’s near-zero interest rate policy and asset purchases are growing more effective by supporting the housing market and spurring economic […]

El Financiero, April 18, 2013. All Rights Reserved. Nueva York. – Las políticas ultraexpansivas de la Reserva Federal de Estados Unidos inevitablemente resultarán en la inestabilidad de los mercados financieros por años pero tales riesgos son necesarios para impulsar el empleo y la inflación, dijo el jueves un banquero central estadounidense. Relacionando a la Fed con una […]

Forbes, April 18, 2013. All Rights Reserved. Admitting that the Federal Reserve is responsible for creating financial instability, and possibly brewing the next toxic asset bubble, Minneapolis Fed President Narayana Kocherlakota said they have to do more to stimulate the economy, as inflation is too low.  Kocherlakota predicted five to ten years of financial instability, […]

Capital.gr, April 18, 2013. All Rights Reserved. (Adds Kocherlakota’s comments on market imbalances, inflation) NEW YORK–A Federal Reserve official said Thursday interest rates are likely to stay very low for years to come, which raises the prospect that chronic financial instability will be an enduring threat. "For a considerable period of time, the [Federal Open […]

Money News, April 18, 2013. All Rights Reserved. Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said the central bank’s low interest rate policies, though necessary, will probably generate signs of financial instability. “Unusually low real interest rates should be expected to be linked with inflated asset prices, high asset return volatility and heightened merger […]

Bloomberg, April 18, 2013. All Rights Reserved. Federal Reserve Bank of Minneapolis President  Narayana Kocherlakota said the central bank’s low interest-rate policies, though necessary, will probably generate signs of financial instability. “Unusually low real interest rates should be expected to be linked with inflated asset prices, high asset return volatility and heightened merger activity,” Kocherlakota […]