13  Federal Reserve Board Policy Statement on Rental of Residential Other Real Estate Owned Properties (PDF). April 5, 2012. 14  Data from CoreLogic. 15  Data from CoreLogic. 4  BIS central bankers’ speeches  activity.
The underlying technology-based structure of the international financial system has enabled us to improve materially the efficiency of the flows of capital and payment systems. That improvement, however, has also enhanced the ability of the financial system to transmit problems in one part of the globe to another quite rapidly.