Powell speech: Clear we need to strengthen supervision, regulation for large banks – by eren_fxstreet Fed CentralBanks
comments on the policy outlook after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 5-5.25% following the May policy meeting."There were a number of policymakers at today's meeting talking about pausing, but not so much at this meeting.""We feel like we are close, or maybe even there.""Speed of SVB run needs to be reflected in supervision, regulation.
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