Further, the changes I'll speak about today are not intended to alter materially the overall level of 1/6  BIS central bankers' speeches  capital in the system or the stringency of the regime. A healthy U.S. economy relies on a strong, well-capitalized banking system that can weather stressful events and continue lending to households and businesses.
Making best use of such methodological developments, which are particularly useful in “data-rich” environments, may require explicit training programs for central bank analysts traditionally working with more aggregate datasets. There are several initiatives within the Bundesbank as well as in cooperation with other institutions which allow employees to acquire the necessary skills for e.g. working with microdata.