US Fed's Quarles: not impressed by flattening yield curve

Joshua Gibson FXStreet

The 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.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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