Board of Governors of the Federal Reserve System

for, hedging risks that were not readily deflected in earlier decades....compared with decades past, banks now have significantly more capital

best uses for emerging technologies. As an example, the Federal Reserve...forums—the Group of Seven, the G-20, the CPMI, the FSB, and others—that

key trigger Questions for Classroom Discussion: Are bad mortgage products...Compare and contrast those effects with the effects of financial crises

price of the asset, less a haircut. When a market price is not available...and, for traded assets, the historical volatility of the asset's price

price of the asset, less a haircut. When a market price is not available...and, for traded assets, the historical volatility of the asset�s price

and assumptions about other factors likely to affect economic outcomes...best satisfy his or her individual interpretation of the statutory mandate

prices were generally steady despite increases for raw materials. Holiday...prices steady, despite substantial increases in the prices of some raw

the shaded area).3, 4 Figure 1: Overnight Money Market Rates Source: For...Compared with the average rate that prevailed three months prior to the

compare the price of options traded today that expire right before the...the squares) and, except for a few episodes, euro-area and U.S. output

price stability and maximum employment. This year, I will continue to ...best economic outcomes for all Americans. Overview of Financial Stability