To some extent, we do this over time by signalling to the market, through our actions, the kinds of circumstances in which we might be willing to intervene to quell financial turmoil, and conversely, what levels of difficulties we expect private institutions to resolve by themselves.
Under these circumstances, among future risk factors is a change in the flow of funds in global financial markets driven by U.S. monetary policy, above all the possibility of an  1  outflow of funds from emerging economies.