The Traderszone Network

Published in TZ Latest News 20 January, 2015 by The TZ Newswire Staff

The Wall Street Journal: Fed’s Powell says rate rigging undermines trust in banking

Widespread manipulation of key benchmark interest rates such as the London Interbank Offered Rate, or Libor, threatens public confidence in the financial system, and must be prevented through fines and criminal prosecution, Federal Reserve Gov.

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