Increasing global financial market integration is presenting new challenges to central banks as they seek to attain low inflation and financial stability. This
An inside look at the role and future of central banking in the global economy The crash of 2008 revealed that the world's central banks had failed to offset th
The October 2019 Global Financial Stability Report (GFSR) identifies the current key vulnerabilities in the global financial system as the rise in corporate deb
Extraordinary policy measures have eased financial conditions and supported the economy, helping to contain financial stability risks. Chapter 1 warns that ther
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation