Two regional federal reserve chiefs yesterday said they're stepping down. Central bankers around the world are gathering to day, virtually at an e c b form and the hot topic will likely be inflation. Plus, germany's elections are over, and now its political parties are wrangling to form a coalition government.
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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