Yellen says no to full deregulation


Today, Fed Chairwoman Janet Yellen spoke at the Federal Reserve's annual symposium at Jackson Hole. Yellen said that the need for post financial crisis regulatory changes was indisputable after near failure of the financial system. She argued that benefits of a stronger financial system outweigh the additional costs introduced by new regulation. The comments made today assume that major changes to the regulatory environment or bank profitability levels in the near term. She said that low-end mortgage and small-business borrowers could benefit from easing of some regulation and that economic growth could also benefit this.

#lending #rates #interestrates #deregulation #policy #housing #gotagent #deniecesmith

Featured Posts
Recent Posts
Archive
Search By Tags
No tags yet.
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
got agent business card back copy 2.jpg

 

1377 El Camino Real

Menlo Park, CA  94025

DRE01295757

  • LinkedIn
  • Instagram
  • Houzz
  • Facebook

© 2021 by Aloha Graphic Services