Funding & Business
Fed Independence Highlighted by Miran Ahead of Hearing
Federal Reserve Board of Governors Nominee Stephen Miran says if he is confirmed he intends to preserve the independence of the FOMC, according to prepared remarks released by the Senate Banking Committee ahead of Miran’s hearing Thursday. Tyler Kendall reports on Bloomberg Television.
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Junk debt is about as safe as investment-grade now, at least according to prices in credit markets.
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Electricite de France SA’s Italian unit, Edison SpA, is ready to return to the public market if its French parent approves a plan to relist through an initial public offering.
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