The US needs urgently to raise its macropru game

2021-10-21T10:16:46+01:00

The US needs urgently to raise its macropru game Author: Donald Kohn Published: 15 October 2021 Implementing robust macroprudential policy—addressing threats to financial stability beyond those that were the focus of safety and soundness on an institution-by-institution basis or of investor protection market-by-market—was a constructive outcome of the legislative and policy response to the global financial crisis of 2008-09. In the US, the Dodd-Frank Act of 2010 strengthened the [...]