Board of Governors of the Federal Reserve System

Globally, banks play a significant role in providing credit to both households...Global Financial Crisis (GFC), when banks were the source of distress

context for the reappraisal of the discount window in the early 2000s....and, ultimately, to American taxpayers. After the reassessment, the Fed

Market Committee SECTION 13—Powers of Federal Reserve Banks SECTION 13A—Discount...THE ANALYSIS OF REGULATORY FUNCTIONS SECTION 601—Definitions SECTION 602

the induced rise in longer-term rates need not be a worrisome development...Globalization is creating new business opportunities, opening new markets

coverage, which strained hospital resources. For nonprofit organizations...global energy prices. Several contacts maintained or increased capital

context of the Eurozone sovereign crisis, which escalated in the second...money-market funds sharply reducing their funding to European banks. Coincident

markets,” and “key financial markets.” 2 The term “nonbank subsidiaries...and, in that regard, take into account whether the foreign bank is subject

global slump. But with economic conditions improving abroad, export volumes...And, as I'm sure you are only too aware, difficult fiscal conditions have

standards—the Basel Committee process. But there was no such consensus...global systemically important banks; a liquidity coverage ratio liquidity

global economy a decade after the Global Financial Crisis, and I thank...context when appropriate. To cut to the bottom line, the U.S. economy