Raghuram Rajan calls upon EMs to build forex reserves
The financial-stability committee would pay special attention to the non-bank financial system
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The financial-stability committee would pay special attention to the non-bank financial system
Raghuram Rajan suggests when the US Federal Reserve might start cutting rates, considers how to mitigate monetary policy spillovers, proposes measures to boost financial stability, and more
Raghuram G. Rajan Says More…Project Syndicate (PS): You have criticised monetary policymakers’ response to the 2008 global economic crisis, which had profound spillover effects to which they “paid insufficient heed”. In your new book, Monetary Policy and Its Unintended Consequences, you offer a “sketch of a model” showing how monetary-policy spillovers “cause leveraging,
The Journal recently met three senior members of the garda Special Tactics and Operations Command – the unit that manages specialist firearms response.
Governor Bowman calls for transparent supervisory expectations and attention to the consequences of regulatory reform on the broader financial system. On June 25, 2023,...