Board of Governors of the Federal Reserve System

Financial Stability

The Division of Financial Stability is responsible for coordinating and supporting the Board's work on financial stability. In conjunction with other Board divisions, the division identifies and analyzes potential threats to financial stability; monitors financial markets, institutions, and structures; and assesses and recommends policy alternatives to address these threats. In addition, the division fosters broader understanding of financial stability issues by undertaking longer term research, primarily in banking, finance, and macroeconomics.

Financial Stability Policy

The Financial Stability Policy (FSP) section conducts analysis and long-term research on the design and effectiveness of policies that foster financial stability in support of the Board's mandates. This includes providing a financial stability perspective on financial policies and the implications of private and public liquidity provision within an evolving financial and monetary infrastructure. Because the financial system is constantly evolving, the section’s specific duties and projects will also shift over time. Section members work with economists and professionals from other Divisions at the Board and Reserve Banks and are expected to contribute to multi-division and multi-agency efforts to support the Board’s mission.