We will also continue to examine how we can improve our communication with the public and the markets so that we can better achieve our congressionally mandated goals. References Benigno, Pierpaolo, and Michael Woodford (2003). "Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach," NBER Macroeconomics Annual, vol. 18 (no. 1), pp. 271-333. Bernanke, Ben S. (2007).
It is certainly not the only challenge banks might have to face. There are others: further geopolitical risks, non-performing loans, technological change, cybercrime, repricing in financial markets, the low interest rate environment and climate change, to name just a few. With so many challenges on the horizon, it is a daunting task to predict how the supervisory landscape might evolve in 2019 and beyond.