Fed's Georgen: Normalization process to be a 'volatile' time

Federal Reserve Bank of Kansas City President Esther George, in a speech titled “Community Bank Regulation: Intent vs. Reality”, said US consumers are spending at a steady pace, but businesses are cautious.
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RBA financial stability report: Steps up talk on macro-prudential measures

On its semi-annual financial stability report, the RBA said that additional measures might be considered to cool down housing prices and limit banks# lending practices.
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