US Fed's Quarles: not impressed by flattening yield curve
By Joshua GibsonThe US Federal Reserve's Randal Quarles is speaking at the Bretton Woods annual meeting today, giving his thoughts on a broad array of topics.
Key highlights:
Quarles does not see cryptocurrencies posing a risk to financial stability.
Suggests that smaller banks should be getting different liquidity rules.
Thinks that the flattening yield curve isn't necessarily a signal pointing to a US recession.
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