WASHINGTON | Fed announces new report on financial stability

WASHINGTON | Fed announces new report on financial stability

WASHINGTON — The Federal Reserve said Friday it will begin issuing a new report twice a year assessing the stability of the U.S. financial system.

The Fed said the first report will be issued on Nov. 28. It will provide information on potential financial vulnerabilities tracked by the central bank such as valuations for bank loans, borrowing by businesses and households and bank funding risks.

“We learned from the financial crisis that a resilient financial system is critical for a healthy economy,” said Fed board member Lael Brainard.

Continue reading WASHINGTON | Fed announces new report on financial stability at STL.News.