BIS central bankers’ speeches  1  4. U.S. economy  The U.S. economy continued to recover at a moderate pace, particularly in the household sector, supported by accommodative financial conditions.
For example, the current leverage ratio requirement--a ratio of capital to total assets--will remain unchanged for all banks, whether or not they are subject to the Basel II framework. Also, supervisors will continue to enforce existing prompt-corrective-action rules in response to declines in capital. Both the leverage ratio and prompt-corrective-action are fully consistent with Basel II.