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| ECB Says Low Interest Rates Aid Debt Resilience But Risks Remain Divergence among global central banks could be a source of tension in financial markets in the coming months. While the Fed is expected to raise interest rates four times by the end of next year and has started shrinking its balance sheet, the ECB has committed to keep rates unchanged and to reinvest ...
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| Fed's Dudley little concerned about financial risks to US economy "I'm not that concerned," he said when asked about risks of asset bubbles and risky leverage in markets, adding he was "a bit surprised" that investors did not appear too concerned that interest rates were headed higher. U.S. stock markets have hit record highs and the spreads between short- and ...
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| Duane Gives Congressional Testimony on Financial Markets In his testimony, "Examining the Role of Financial Trading in the Electricity Markets," Duane discussed the benefits and drawbacks of financial trading in the wholesale electricity markets. That included recent PJM filings at the Federal Energy Regulatory Commission that seek to preserve the value that ...
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