Meanwhile, US inflation print released during the week prompted further pain for the greenback. In the recent Beige book survey, the Federal Reserve said the US economy has shown an overall increase in activity since late May, though most regions expect the pace of expansion to weaken.
U.S. bank
executives warned on Friday that looming higher capital
requirements would raise prices for financial products and push
activity into less regulated sectors as regulators weigh new
rules to.
Are higher capital requirements bad for the economy? It s complicated americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) - U.S. bank executives warned on Friday that looming higher capital requirements would.
US banks warn stricter capital rules will raise prices streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.