The Federal Reserve is streamlining postcrisis bank regulation. The end result could be lower capital requirements for the biggest banks. Source: NYT > Business – Jeanna Smialek, Peter Eavis and Emily Flitter
Fed Governor Says Central Bank Could Take Advantage of Trade War Inflation
Lael Brainard, a Fed governor, said the potential inflation on imports caused by President Trump’s tariffs could help the central bank achieve one of its primary goals. Source: NYT > Business – JEANNA SMIALEK