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Search results for: "Federal Reserve". 2 articles found.

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

The Guardian - 11 hours 55 min ago
Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank The bosses of the central banks and treasuries of the UK, US and EU are to take part in a war game in Washington on Saturday to test how they would handle the collapse of a globally significant bank. Amid growing unease over the risks to global financial stability, the most senior officials from the US Federal Reserve , the European Central Bank and the Bank of England including its...
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Washington Post editorial board slams Trump's 'pointless standoff' with Powell

The Hill - 23 hours 53 min ago
The Washington Post's editorial board rebuked President Trump's threats to fire Federal Reserve Chair Jerome Powell, calling the feud a "pointless standoff that the president will lose." "The question is how much he spooks markets and damages his own political standing before this is over," the board wrote in an opinion published on Wednesday. Trump...
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