May 15, 2023
Credit crunches due to bank distress can undermine economic growth. There is evidence of tighter credit and lower demand for loans in the recent bank turmoil.
April 26, 2021
Eric Rosengren, President of the Federal Reserve Bank of Boston, discusses his perspective on the most immediate financial stability issues that the COVID crisis revealed and ways to address them. He shares his reasons for being optimistic about economic growth in the near term as well as potential areas of concern over the longer term.
April 12, 2018
The Dodd-Frank financial reform imposed stricter oversight on the institutions that pose a risk of harmful spillovers to the broader economy. Financial regulation involves a tradeoff between enhancing safety and stability — and limiting the costs and burdens imposed on institutions and the economy as a whole.