San Francisco Federal Reserve Bank President Mary Daly said on Thursday that more work was needed to ensure financial infrastructure remains sound and stable, as reported by Reuters. Additional takeaways “Increase in public and private debt leads to vulnerabilities in the financial system.” “We should study benefits, costs of reconsidering inclusion of reserves, treasuries in leverage-ratio requirements.” “We need a careful study of possible treasury market reforms, including standing repo facility.” “We could use central clearing for treasury cash markets to lessen liquidity crunch during crises.” “Low rates over time lead financial firms to reach for yield.” “It’s critical to shoring up stability of hedge funds, money market funds.” Market reaction The US Dollar ındex largely ignored these comments and was last seen posting small gains at 91.67. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Uniswap Price Prediction: UNI starship starts engines, points to a 50% rally FX Street 2 years San Francisco Federal Reserve Bank President Mary Daly said on Thursday that more work was needed to ensure financial infrastructure remains sound and stable, as reported by Reuters. Additional takeaways "Increase in public and private debt leads to vulnerabilities in the financial system." "We should study benefits, costs of reconsidering inclusion of reserves, treasuries in leverage-ratio requirements." "We need a careful study of possible treasury market reforms, including standing repo facility." "We could use central clearing for treasury cash markets to lessen liquidity crunch during crises." "Low rates over time lead financial firms to reach for yield." "It's critical to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
