Wednesday, March 18, 2015

Further notes on FOMC Press Conference

A Strong US economy is good for the World , says Fed. (So US growth on track helps the world)
Monetary Policy has to be forward looking. Cannot be behind the curve.



Banks have been 'very disappointing' in its brazen approach to compliance. 
Inappropriate reward systems which encourages risk taking. (Compensation in banks need relook?)
The focus of banking regulators is safety and soundness. 


Without any risk or responsibility. 

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