FT:
"People close to Warsh said he acknowledged that he had made mistakes in his first 10 weeks at the helm of the world’s most important central bank...
including failing to reinforce his key messages on price stability and sowing confusion over whether his longer-term plans to reform the Fed could affect near-term policy decisions."
FT Alphaville: A profit warning this week from JD Wetherspoon brought to mind a question that’s been bothering us for a while: does the UK’s best-known pub landlord make more on its gambling machines than it does on drinks or food? Find out here:
FT Exclusive: Brussels is considering a new approach to Russia sanctions after Greece held up a large package of EU measures to protect a shipping tycoon.
FT Exclusive: Britain’s biggest lenders have accused the Bank of England of publishing a flawed comparison of UK and US capital requirements, complaining it ignores a growing advantage their Wall Street rivals gain from massive digital investments.