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Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in the longer term, stronger prudential requirements for large banking firms will produce more sustainable credit availability and economic growth.
Jerome Powell
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"Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in the longer term, stronger prudential requirements for large banking firms will produce more sustainable credit availability and economic growth."
— Jerome Powell #moneywealth

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Higher capital requirements increase bank costs, and at least some of those costs will be pass…

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Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in the longer term, stronger prudential requirements for large banking firms will produce more sustainable credit availability and economic growth. — Jerome Powell

About Jerome Powell

Jerome Powell was a Public Servant from United States (1953–present).

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Frequently Asked Questions

Who said "Higher capital requirements increase bank costs, and at least some of those cos…"?
This quote is attributed to Jerome Powell, a Public Servant from United States.
When did Jerome Powell live?
Jerome Powell lived from 1953 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.