Macroprudential policy as part of a broader financial stability regime: does it exist, what should it be?

2021-09-28T15:17:29+01:00

Macroprudential policy as part of a broader financial stability regime: does it exist, what should it be? Author: Sir Paul Tucker Published: 13 September 2021 Macroprudential policy is (supposedly) the dynamic component of financial stability policy. Leading researchers recently described its purpose as being to “moderate the procyclicality of the financial system and thereby secure the resilience and stability of the financial system as a whole.”[1] [...]