Moreover, the publication of the results of GAO audits related to monetary policy actions and deliberations could complicate and interfere with the communication of the FOMC’s intentions regarding monetary policy to financial markets and the public more broadly.
2  Macroprudential instruments to mitigate systemic risk  The first pillar of macroprudential policies is a simple one: more buffers, and with that I mean more risk absorbency. Less simple is the discussion about what kind of buffers should be set and which policymaker should be implementing them.