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Cook: Current Assessment of Financial Stability
Thank you, David. And thank you to the Brookings Institution for hosting me today. I am especially grateful to return to the place where, in my first job as an aspiring economist, I was a research assistant for Alice Rivlin over three decades ago. Today, I would like to talk about the Board's work in pursuit of financial stability, which is critical to the well-being of households, firms, and the broader economy.1 Following the financial crisis of 2007–09, a broad set of reforms were put in place to bolster financial stability. To ensure an ongoing focus on that area, the Board established its Committee on ... (full story)
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FED'S COOK: FIRMS HAVE AMPLE EARNINGS TO COVER DEBT PAYMENTS.
— FinancialJuice (@financialjuice) May 8, 2024
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FED’S COOK, IN REVIEW OF FINANCIAL STABILITY, SAYS HOUSEHOLDS REMAIN RESILIENT BUT SHE IS WATCHING RISING DELINQUENCY RATES #News #Markets #live
— Capital Hungry (@Capital_Hungry) May 8, 2024
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FED'S COOK: OVERALL RISK FROM CRE IS CONSIDERED “SIZABLE BUT MANAGEABLE”.
— FinancialJuice (@financialjuice) May 8, 2024