Not exact matches
«At the end
of the day, I am ultimately responsible for supporting
financial security, and the
stability of the
financial system.»
Kocherlakota also spends a chunk
of his speech addressing concerns raised by some about
financial stability, and that keeping interest rates near zero is exacerbating an already unstable
financial system.
The International Monetary Fund, in a recent
financial stability study on China, said the lack
of inter-agency coordination in
financial supervision could breed risks in the increasingly large and complex banking
system.
Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because
of the risk
of losses to the public and even a potential threat to the
stability of the
financial system.
Description: The October 2013 Global
Financial Stability (GFSR) Report examines current risks facing the global financial system as it undergoes a series of transitions along the path toward greater financial s
Financial Stability (GFSR) Report examines current risks facing the global
financial system as it undergoes a series of transitions along the path toward greater financial s
financial system as it undergoes a series
of transitions along the path toward greater
financial s
financial stability.
The October 2013 Global
Financial Stability (GFSR) Report examines current risks facing the global financial system as it undergoes a series of transitions along the path toward greater financial s
Financial Stability (GFSR) Report examines current risks facing the global
financial system as it undergoes a series of transitions along the path toward greater financial s
financial system as it undergoes a series
of transitions along the path toward greater
financial s
financial stability.
However, we also need to envisage a case where the effects
of monetary policy on
financial stability are not limited to one sector, as in the case we just saw, but spread across many different parts
of the
financial system.
In that case, monetary policy's ability to get in all the cracks
of the
financial system — to paraphrase former Federal Reserve Governor Jeremy Stein — would give it a more powerful influence on
financial stability.8
In particular, cyber threats pose a potentially systemic risk to
financial stability through the disruption or corruption
of critical payment, clearing and settlement
systems and related data.
With a more resilient
system, all
of the
financial stability concerns I have been discussing become more manageable.
My remarks will focus on the following question: Should a central bank's decisions on monetary policy account for the
stability of the
financial system and, if so, how?
It goes on to say that there are two factors
of particular prominence when considering public interest: employment and the
stability of the
financial system.
If the external shocks seemed to pose
financial stability risks, macroprudential measures might be introduced as a complement or backstop to existing regulations and oversight
of domestic
financial systems.
The legislation also would eliminate the ability
of regulators to shut down large
financial firms if they were on the verge
of failing if they threaten the
stability of the
financial system, a safety net that the big banks would like to keep in place.
That puts us in the top 20 %
of all US - based franchisors — even better, the Franchise 500 is a purely objective ranking
of businesses that use the franchise model based on
financial strength,
stability growth rate, and size
of the
system, not a sponsored ranking that requires a «token sponsorship fee.»
As a member
of the Bank's Governing Council, she shares responsibility for decisions with respect to monetary policy and
financial system stability, and for setting the strategic direction
of the Bank.
This is part
of requests from the G20 leaders to look into the digitalization
of the economy and what it means for growth for
financial inclusion and,
of course, for
stability of the
financial system.
Even better, the Franchise 500 is a purely objective ranking
of businesses that use the franchise model based on
financial strength,
stability growth rate, and size
of system, not a sponsored ranking that requires a «token sponsorship fee.»
Central banks contribute importantly to the promotion
of financial stability given their sys - tem - wide macro-
financial perspective and existing roles as lender
of last resort and overseer
of systemic payment
systems.
In carrying out this task, the Committee places particular emphasis on assisting central bank Governors in recognising, analysing and responding to threats to the
stability of financial markets and the global
financial system.
Without compromising the price
stability objective, the Reserve Bank seeks to use its powers where appropriate to promote the
stability of the Australian
financial system.
It hasn't fundamentally changed the way think about
financial system stability, though we now have a deeper understanding
of the nature
of the risks and the potential channels
of contagion.
While there were some concerns about growth in credit and asset prices, there were a number
of plausible explanations suggesting that the
stability of the global
financial system would continue.
Banks such as the US Federal Reserve and Bank
of England, however, do take hefty shares
of the responsibility in maintaining
stability and security within
financial systems, which implies that they have a responsibility to monitor the evolution
of bitcoin.
Specifically, the proposed wording gives the Bank the power to purchase any securities or «other instrument «it likes «for the purposes
of conducting monetary policy or promoting the
stability of the Canadian
financial system.»
The build up
of risk came to threaten the
stability of the entire
financial system.
Specifically, it says the Bank can «buy and sell any other securities, treasury bills, obligations, bills
of exchange or promissory notes, to the extent determined necessary by the Governor for the purpose
of promoting the
stability of the Canadian
financial system.»
This issue
of the Macroprudential Bulletin looks at how euro area banks are linked to each other and to investment funds and how this may affect the
stability of the
financial system.
Follow - up posts described historical experiences and compared the relative
stability of the US and Canadian 19th century branching
systems: Canadian banks demonstrated a much higher level
of financial resilience thanks to their ability to open branches nationwide, compared to the great instability and recurrent crises experienced by large US state banks — whose ability to open branches in other states or districts was severely constrained by law — and later «unit» banks, which were not allowed to open branches altogether.
In the remainder
of my lecture I would like to cover both these topics, plus two other issues: what does the Reserve Bank need to do to fulfil its
financial stability responsibilities; and whether the changes we have seen in the structure
of financial systems over recent decades have made the
system more or less stable.
Instead, regional
stability will depend on China's success at reducing systemic risks to its
financial system — which it aims to accomplish primarily by controlling the pace
of credit expansion (see Figure 1) and by gradually deleveraging its state - owned enterprises, or SOEs.
Europe has also taken note
of the US
financial system's relatively swift recovery from the brink
of disaster and concluded that deeper, more liquid and diverse capital markets can act as a source
of stability and support.
There are risks to all this,
of course, as the global
financial crisis made clear; but when done judiciously, in a well - regulated
financial system, we believe such market - based credit solutions can help encourage growth and
stability.
Canadian household debt was 167 per cent
of income in the second quarter, a level that the central bank considers a threat to
financial stability because a wave
of personal bankruptcies and home foreclosures could cripple the banking
system.
The issue
of morality in economics is neither the fairness
of income distribution nor the
stability of financial systems.
The most important factors include
financial strength and
stability, growth rate and size
of the
system.
Key banks and
financial institutions will also be obliged to draw up «living wills» describing how they can be wound up without threatening the
stability of the overall
system.
Seeking to connect with black voters in advance
of the New York primary, Clinton touted the need to overhaul the justice
system, combat environmental racism and increase
financial stability for minorities.
According the bank's first Deputy Governor Millison Narh the bank will «broaden its role as regulators in the promotion
of financial inclusion as it aims to reinforce the bank's functions in ensuring monetary
stability and
financial systems soundness».
Maintaining the
stability of the
financial system and containing systemic risk that may arise in
financial markets
«These measures will support the
stability of the housing sector and the
financial system by increasing market discipline in mortgage lending.
They contribute to the
stability of the housing market and the
financial system.
«CMHC's capital holdings reduce Canadian taxpayers» exposure to the housing market and contribute to the long term
stability of the
financial system.»
Flaherty remains adamant that the CMHC's business is «managed in a manner that promotes the
stability of the
financial system» and further contributes «to the
stability of the housing market.»
The budget proposes legislative amendments to «strengthen oversight
of CMHC and to ensure its commercial activities are managed in a manner that promotes the
stability of the
financial system».
Beginning in 1990, the US
financial system has been beset by a series
of financial challenges that threatened the confidence so fundamental to
financial and economic
stability.
Granted, the Federal Reserve may soon determine that the debt binges
of foreign developed nations, emerging market countries, global corporations and U.S. energy companies threaten the
stability of the global
financial system... again.
The other problem I have with central bank policies is that they are prioritising juicing (or attempting to juice) the economy in the short term, through the so - called wealth effect
of higher asset prices and borrowing, ahead
of maintaining long term
financial system stability.
Among other very important duties, its members are tasked with maintaining the
stability of the
financial system, keeping inflation under control and stimulating the long - term economic growth... which is not so easy.]
«[Central banks] have chosen implicitly, if not in a more overt fashion, to set capital and other reserve standards for banks to guard against outcomes that exclude those once or twice in a century crises that threaten the
stability of our domestic and international
financial systems.