This report presents the Federal eserve oard’s current assessment of the stability of the U.S. financial system. y publishing this report, the oard intends to promote public understanding by increasing transparency around, and creating accountability for, the Federal eserve’s views on this topic. Financial stability supports the objectives assigned to the Federal eserve, including full employment and stable prices, a safe and sound banking system, and an efficient payments system. A financial system is considered stable when banks, other lenders, and financial markets are able to provide households, communities, and ... (full story)