Rosengren eyes balance between bank resilience and loans

Eric Rosengren

It is "critically important" to recapitalise the banking sector as quickly as possible after a shock, but with an eye on how to maintain bank lending, the Federal Reserve Bank of Boston president said today (March 18).

Eric Rosengren stressed the cost of a reduction in lending at a New York Fed conference, saying it could result in "a dearth of needed credit for individuals and companies".

"I am in favour of using bank supervision to more quickly insulate the largest financial institutions from

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