Mar 19th, 2021
I'm A Little Surprised by Fed's Capital Decision: Joshua Younger
The Federal Reserve will let a significant capital break for big banks expire at month’s end. In response to the pandemic, the Fed had let lenders load up on Treasuries and deposits without setting aside capital to protect against losses. That relief will lapse March 31. Joshua Younger, managing director of U.S. rates strategy at JPMorgan, speaks with Bloomberg's Romaine Bostick and Joe Weisenthal on "What'd You Miss?" about the Fed's decision. (Source: Bloomberg)







