Dairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as
a growing risk to financial stability.
Given Chair Yellen's recent remarks, we question whether the Fed remains as confident in the effectiveness of QE, or remains unaware of
the growing risks to financial stability.
Not exact matches
A more narrow measure in the report, used
to indicate shadow banking activity that may give rise
to financial stability risks,
grew to $ 34 trillion in 2015, up 3.2 % from the prior year and excluding data from China.
According
to the textbook, everything should have been fine, but
financial system or
financial stability risks were
growing in the background.