Federal Reserve to loosen capital requirements for big US banks
Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis
Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis

US central bank proposes lowering ‘supplementary leverage ratio’ after extensive industry lobbying

Changes are expected to make the exercise more transparent for the country’s biggest lenders

Federal Reserve may need to begin asset purchases if short-term rates flare up again

Optimism and greed complicate the central bank’s decisions during market disruptions

Central bank says it will halt quantitative tightening programme amid signs of stress in money markets

Policymakers sparred over decision to cut interest rates earlier in December