Fed’s Powell offers support for ‘ambitious’ BoE review
Fair and effective markets review launched in October
The Bank of England (BoE) fair and effective markets review is "ambitious" and an "important initiative", according to Federal Reserve governor Jerome Powell.
Speaking at an event sponsored by The Brookings Institution in Washington, DC, on January 20, Powell said the review raises "the right questions" by considering the "troubling patterns of market abuse" as well as the structural changes in the fixed-income, currency and commodities markets.
Unveiling the review in October, Minouche Shafik
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