Draghi and Yellen issue warnings on regulatory rollback

Speeches at Jackson Hole focused on dangers of abandoning lessons of 2008

Janet Yellen
Janet Yellen: a resilient financial system is “critical to a dynamic global economy”
Photo: US Federal Reserve

The two headline speakers at this year’s Jackson Hole symposium, Mario Draghi and Janet Yellen, both chose to focus on the dangers of complacency 10 years on from the global financial crisis.

The two central bank chiefs, speaking on August 25 at the gathering of policymakers in Wyoming, warned attempts to boost growth by cutting back on regulation would likely prove self-defeating.

Fed chair Janet Yellen said a resilient financial system was “critical to a dynamic global economy”. She conceded

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.