Wall Street Is Running the World's Central Banks

Updated on
  • Research shows financiers more likely to favor tighter policy
  • Third of district Fed banks to be run by ex-Goldman bankers

Last week’s appointment of Neel Kashkari, pictured, to run the Federal Reserve Bank of Minneapolis as of January means a third of the Fed’s 12 district banks will soon be run by officials with past ties to Goldman Sachs Group Inc.

Photographer: David Paul Morris/Bloomberg

Wall Street is again leading to the corridors of central banks.

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