Jerome Powell Quotes

A risk-insensitive leverage ratio can be a useful backstop to risk-based capital requirements. But such a ratio can have perverse incentives if it is the binding capital requirement because it treats relatively safe activities, such as central clearing, as equivalent to the most risky activities.

Jerome Powell

Recitation: by Male by Female

Author Biography

  • Author Profession: public
  • Nationality: american
  • Birth: February 4, 1953

Copyright © 2024 QuotesDict Quote by Jerome Powell