• Brainard: Fed monitoring 'extreme volatility' of cryptocurrencies; could raise investor-protection issues

Market news

4 April 2018

Brainard: Fed monitoring 'extreme volatility' of cryptocurrencies; could raise investor-protection issues

  • Risks to U.S. financial system 'moderate' though Fed monitoring effects of fiscal stimulus

  • May need to raise banks capital buffer if cyclical pressures build, vulnerabilities grow

  • Financial asset valuations stretched, cyclical pressures building

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