U.S. and EU come closer to deal on rules governing swaps clearinghouses; without equivalence finding, U.S. clearinghouses will have trouble competing for interest rate swap business starting in February.
U.S. and EU come closer to deal on rules governing swaps clearinghouses; without equivalence finding, U.S. clearinghouses will have trouble competing for interest rate swap business starting in February.
With interest rate liftoff in the past, Federal Reserve officials consider what to do about the huge volume of assets accumulated through quantitative easing.