I appreciate the opportunity to be here today to discuss financial stability. The Federal Reserve’s Role in Promoting Financial Stability Safeguarding financial stability is integral to achieving the Federal Reserve’s objectives of full employment and price stability.
Item_ID=469&List_ID=b2e9402e-db05–4166–9f09-e1b26a1c6f1b  1 Global GDP growth is estimated by the IMF (2018) to have accelerated to 3.7% in 2017 from 3.2% in 2016 and is  expected to reach 3.9% in 2018. 2 See  Draghi, Mario (2018) Introductory Statement, www.ecb.europa.eu/press/pressconf/2018/html/ecb.is180308.en.html  8  March  2018.