Speech

Financial Stability and Regulatory Policy in a Low Interest Rate Environment


Abstract: I would suggest that the potential costs of the excessive leverage that arise in a low interest rate environment deserve more research and, I suspect, more focused and proactive policy actions.

Keywords: bank regulation; financial stability tools; leverage; countercyclical capital buffer; economic conditions; financial stability; low interest rate environment; global economy;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Speech

Publication Date: 2019-11-11

Pages: 12