.jpg)
The Office of Financial Research (OFR) published its 2021 Annual Report to Congress today, which concluded that while the economy rebounded, and volatility caused by the pandemic subsided, monetary policy, inflation, and cyber-attacks could heighten systemic risk.
The OFR’s 2021 Annual Report to Congress report finds overall risks to U.S. financial stability remain in the medium range. This year, the report discusses how the systemic risk landscape shifted from market volatility caused by the COVID-19 pandemic towards uncertainty surrounding rising inflation, a tighter monetary policy, and the future of COVID-19. The report also looks at the emergence of non-traditional risks, such as cybersecurity and climate change.
Visit www.financialresearch.gov to:
- Access the key findings
- Read the press release
- Download the full report
