FRB publishes financial stability report focusing on financial stability and central bank independence
2024/7/6 1:25 JST (some excerpts)
The US Federal Reserve (FRB) published a semi-annual financial stability report on the 5th. The content focused in particular on the independence of central banks and financial stability.
In the report, the FRB described that while the financial system maintains soundness and strength (strength), signs of fragility (weakness) can also be seen. Stock prices rose at a pace that exceeded profit expectations, and it was pointed out that corporate bond spreads were near historically low levels.
The US Federal Reserve (FRB) published a semi-annual financial stability report on the 5th. The content focused in particular on the independence of central banks and financial stability.
In the report, the FRB described that while the financial system maintains soundness and strength (strength), signs of fragility (weakness) can also be seen. Stock prices rose at a pace that exceeded profit expectations, and it was pointed out that corporate bond spreads were near historically low levels.
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