Fed Vice Chairmann Stanley Fischer: the nonbank financial system is less vulnerable to shocks today

Market news

27 March 2015

Fed Vice Chairmann Stanley Fischer: the nonbank financial system is less vulnerable to shocks today

The Fed Vice Chairmann Stanley Fischer said in Frankfurt on Friday that the nonbank financial system is less vulnerable to shocks today.

"Regulators need to respond to existing regulatory gaps and to keep pace with further changes," Fischer noted.

The Fed vice chairman also said that regulators have not enough information about the activities of hedge funds.

Bundesbank President Jens Weidmann: debt in the Eurozone has reached the “danger zone”

Bank of England Chief Economist Andy Haldane: central banks might coordinate tools for dealing with specific markets

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