Fed’s Quarles: Fed wants to recalibrate rules, not relax them

Haresh Menghani FXStreet

Here are some of the key highlight from the Fed Governor Randal Quarles' opening remarks during a speech about the economic outlook and monetary policy at the Council on Foreign Relations in New York.

• Would be anomalous if the first crack at rules was best.
• Fed wants to recalibrate rules, not relax them.
• Great public interest in the efficiency of the finance sector.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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