Nellie Liang is the Director of the Division of Financial Stability at the Federal Reserve Board.

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How can we get better at forecasting financial instability

“It’s awful. Why did nobody see it coming?” asked Queen Elizabeth II in November 2008 during a visit to the London School of Economics, wondering why nobody had predicted the Global Finan...

2019年08月30日

金融和货币体系

The impact of monetary policy on risk, stability and financial crises

Since the financial crisis, there has been an active debate about whether and how monetary policy frameworks should incorporate risks to financial stability. The debate has moved beyond t...

2016年08月16日