Federal Reserve vice chair for supervision Randal Quarles said the central bank is in the early stages of studying how the expanding use of machine learning in the financial sector may change its regulatory approach, but that so far it fits within the existing regulatory framework. “We are paying a lot of attention … within […]
Read moreSome Bank of Japan policymakers said the central bank should explain to the public that theeconomy has yet to reach a phase where the timing and means to exit ultra-loose policy could be considered, minutes of their March rate review showed on Monday. “While normalization, or a gradual reduction in the degree of monetary accommodation, […]
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