Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a press conference following the Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Anna Moneymaker/Bloomberg)

Powell Says Leveraged Lending Isn't Posing a Crash Threat

(Bloomberg) -- Federal Reserve Chairman Jerome Powell agrees that the torrid market in high-risk corporate loans looks a lot like the mortgage industry in the run-up to the subprime crisis, but he ...