Both caplin and rosengren were found to have been active in ters last year in financial markets. The fede itself has said that none of this trading activity went against the ethics standards set out by the fed. Colby: What do these resignations mean for the fed's big undertaking right now, which is managing the us Economy as it emerges from the pandemic unow.
Two senior Federal Reserve officials whose trading activity prompted the US central bank to launch an ethics review on Monday announced they will resign, and today Fed chair Jay Powell will join other central bank chiefs at a European Central Bank forum. Plus, where does Germany go after its razor-thin election? The FT’s Europe editor, Ben Hall, explains that it could be a while before there is a clear picture for the country’s government.
Regional Fed chiefs step down after securities trading controversy
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