This report summarizes the Federal Reserve Board’s framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. By publishing this report, the Board intends to promote public understanding and increase transparency and accountability for the Federal Reserve’s views on this topic.
The Federal Reserve System is the central bank of the United States. It performs five key functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve
- conducts the nation’s monetary policy to promote maximum employment and stable prices in the U.S. economy;
- promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
- promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole;
- fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments;
- and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and administration of consumer laws and regulations.
To learn more about us, visit www.federalreserve.gov/aboutthefed.htm.
2023
May:PDF
2022
November:HTML| PDF |Statement by Vice Chair Brainard
May:HTML|PDF |Statement by Governor Brainard
2021
May: HTML|PDF|Statement by Governor Brainard
2020
November:HTML|PDF|Statement by Governor Brainard
2019
2018
Source: U.S. Federal Reserve