In the context of the new collaborative relationships, they are committed to making it still easier for small firms and innovative enterprises to obtain access to credit, in part by offering a wider range of services. 4  BIS Review 70/2004  There can be no delay in an organic reform of bankruptcy law.
Actual and prospective increases in short-term interest rates will be reflected in turn in higher longer-term interest rates and in tighter financial conditions more generally. The Federal Reserve has also been developing a number of additional tools it will be able to use to reduce the large quantity of reserves currently held by the banking system.