Powell says he sees 'moderate' risk from corporate debt
WASHINGTON (AP) ” Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt but currently does not see the types of threats that triggered the 2008 financial crisis.In remarks to a banking conference in Fernandina Beach, Florida, Powell said views about risker corporate debt ” known as leveraged lending ” range from “this is a rerun of the subprime mortgage crisis” to “nothing to worry about here.”He said his […]
