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Speech
The importance of financial conditions in the conduct of monetary policy: remarks at the University of South Florida Sarasota-Manatee, Sarasota, Florida
Remarks at the University of South Florida Sarasota-Manatee, Sarasota, Florida.
Blame higher U.S. equity prices for recent moves in U.S. external liabilities
The U.S. net foreign asset position—the value of foreign assets held by U.S. residents minus the value of U.S. assets held by foreign residents—has fallen sharply since the 2008 Global Financial Crisis.