UPDATE 1-Fed's Powell warns that dollar-based Libor could disappear

NEW YORK/WASHINGTON, June 21 (Reuters) - Financial markets

need to consider the risks of relying heavily on the

dollar-based London Interbank Offer Rate because this reference

rate could stop being published, Federal Reserve Governor Jerome

Powell said on Tuesday as a Fed-convened committee continued to

zero in on an alternative to the so-called Libor.

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