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A new financial stability mandate for financial regulators and reforms to open-end funds could make the U.S. financial system more resilient to shocks.
Steffen Murau is a political economist at the Global Development Policy Center at Boston University and specializes in international money and finance. He joins Macro Musings to talk about the Eurozone, its role within international monetary architecture, and the future of the dollar zone. They also discuss balance sheet hierarchies, the roles of European banks compared to their American counterparts, and the fiscal ecosystem present within the Eurozone.
Read the full episode transcript:
Fed Keeps Rates Unchanged as Taper Talk Begins to Materialize