Research

Research Blogs and Notes

Blog: Comment on the OFR brief "Capital buffers and the future of bank stress tests"

Feb 13, 2017

On Tuesday, researchers at the Office of Financial Research (OFR) published a brief – "Capital Buffers and the Future of Bank Stress Tests." The OFR note simply asserts that tighter is better and makes no consideration of the negative consequences for economic growth and employment that would result. Moreover, the reasons the note provides for their suggested change are myopic or flawed.

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Blog: FOMC Go Home

Feb 7, 2017

The Fed should hasten its return to its pre-crisis framework of conducting monetary policy by shrinking its enormous holdings of government securities.

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