2022 Financial Stability Conference: Frontier Risks, a New Normal, and Policy Challenges
Published: March 23, 2022
The Federal Reserve Bank of Cleveland and the Office of Financial Research hosted their tenth annual financial stability conference on November 17-18, 2022.
As the financial system recovers from the economic turmoil of the pandemic, rapidly evolving threats pose new financial stability challenges for practitioners, regulators, and policymakers alike. Beyond the new normal coming from changes in fiscal, monetary and regulatory policies, markets and institutions are confronted by frontier risks borne by innovations in technology, trade, and business models. The growth of digital asset markets also highlights new and old challenges for financial regulators, while cybersecurity disruptions introduce a growing set of vulnerabilities to the increasingly automated and interconnected financial system. The financial stability consequences of climate risks and associated policy responses are still not well understood, though they have drawn increasing attention. And, finally, deeper real and financial links between a world being recognized as more diverse brings new risks to the forefront of policy challenges. The tenth annual financial stability conference organized by the Federal Reserve Bank of Cleveland and the Office of Financial Research explored these issues.
If you have any questions, please contact us at financial.stability.conference@clev.frb.org.