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Fed’s Brainard Urges Steps to Address Weaknesses in Short-Term Funding Markets - The Wall Street Journal

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Fed Gov. Lael Brainard said it appeared some features of certain money-market mutual funds may have contributed to the severity of the market turmoil a year ago.

Fed Gov. Lael Brainard said it appeared some features of certain money-market mutual funds may have contributed to the severity of the market turmoil a year ago.

Photo: Andrew Harrer/Bloomberg News

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Fed’s Brainard Urges Steps to Address Weaknesses in Short-Term Funding Markets - The Wall Street Journal
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