My understanding is that like the decision made at the MPM held on April 3 and 4, 2013, it was a major decision to introduce the 2 percent price stability target at the January MPM (Chart 6).
In addition, firms with weak liquidity positions under CLAR’s liquidity metrics are directed to improve their practices and, as warranted, their liquidity positions, through supervisory direction, ratings downgrades, or enforcement actions. Because CLAR assesses all LISCC firms  15  FBOs with combined U.S. assets of $ billion or more must meet liquidity risk-management standards and conduct internal liquidity stress tests.