For a discussion, see Mishkin (2007). 8 The statement is available on the Board’s website at https://www.federalreserve.gov/monetarypolicy/files/FOMC_LongerRunGoals.pdf.
At the same time, this section promotes comprehensive management of domestic, overseas, on-balance-sheet, and off-balance-sheet transactions, and includes general remarks foreseeing the introduction of a loan grading and review system, further contributing to the continued enhancement of risk management as a whole.