Yellen acknowledges criticism of reforms since crisis but says they have made financial system safer

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25 agosto 2017

Yellen acknowledges criticism of reforms since crisis but says they have made financial system safer

'Core' reforms have boosted financial resilience without limiting credit, growth
Some reforms may be affecting market liquidity
Open to reviewing Volcker rule, supplementary leverage ratio
Cites private-sector signals that banks are safer

US treasury yields fall after Yellen comments, 10-year note yields fall to 2.18%

Yellen says any adjustments to U.S. financial regulations should be only modest, does not mention monetary policy in prepared remarks at Jackson Hole

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