Just to be sure, I would like to add that I am not saying that monetary easing should continue until the unemployment rate has fallen to 2 percent.
Both regulators and firms want to better understand risk profiles to ensure effective management of transition and physical risks as well as potential adequacy of financial resources.” 26 We benefit from continued engagement both domestically and internationally with colleagues from other regulatory agencies, supervisory authorities, and international standard setting bodies. For instance, the Federal Reserve co-chairs the Basel Committee on Banking Supervision’s TFCR.