Daniel K Tarullo: Developing tools for dynamic capital supervision Speech by Mr Daniel K Tarullo, Member of the Board of Governors of the Federal Reserve System, at the Federal Reserve Bank of Chicago Annual Risk Conference, Chicago, Illinois (via videoconference), 10 April 2012.
Owing to their high growth potential, Asian economies have again experienced large capital inflows, creating an environment that is likely to increase volatility, particularly in asset prices (Slide 1). In addition, the recent surge and increasing volatility in commodity prices, which is in part explained by financial factors, may accelerate existing domestic inflation risks in emerging Asia (Slide 2).