mohammad-razee
Financial stability should not become Fed’s third mandate: Mester
July 12, 2016 by creative · Leave a Comment
Maintaining stability in financial markets should not be an explicit goal for the Federal Reserve, which should use interest rates to head off a crisis only if more precise and better-suited tools fail, a top Fed official said on Tuesday. “If our macroprudential tools proved…
More:
Financial stability should not become Fed’s third mandate: Mester
mohammad-razee
NY Fed, Bangladesh Bank meeting on heist postponed: sources
July 12, 2016 by admin · Leave a Comment
A meeting between Bangladesh central bank officials and the New York Federal Reserve scheduled for this week to speed up efforts to recover $81 million stolen from Bangladesh Bank's account at the Fed has been postponed, officials in Dhaka said. A four-member Bangladesh Bank team headed by deputy governor Mohammad Razee Hassan, who also heads …
The rest is here:
NY Fed, Bangladesh Bank meeting on heist postponed: sources