10  See G. Claeys and Z. Darvas, 2015. “The Financial Stability Risks of Ultra-Loose Monetary Policy”, Bruegel policy Contribution, Issue 2015/03. 6  BIS central bankers’ speeches  and potentially for a long time. 11 This is related to the so-called “secular stagnation” hypothesis.
These buffers increase the ability of banking organizations to absorb losses and continue to lend to households and businesses, including during times of stress.