The OFR released its 2016 Annual Report to Congress and Financial Stability Report today, saying that overall risks to U.S. financial stability remain in a medium range. The reports also said that financial system resilience has continued to improve, but new threats have arisen, including from global disruptions and financial system evolution.
The 2016 Annual Report to Congress fulfills statutory reporting requirements to assess potential threats to the stability of the U.S. financial system, describe key OFR findings and insights, and document our progress in meeting our mission. The report also outlines the OFR’s priorities for fiscal year 2017 and beyond.
The 2016 Financial Stability Report contains in-depth analysis of U.S. financial stability risks. The first chapter frames our analysis in five risk categories that we monitor regularly. The second chapter takes a deeper look at seven key threats. Four themes stand out: the potential for disruptions in the global economy to affect U.S. financial stability, risk-taking amid low long-term interest rates, risks facing U.S. financial institutions, and challenges to improving financial data. This report supplements our 2016 Annual Report to Congress.
The OFR announced the reports in a press release at: https://www.financialresearch.gov/press-releases/2016/12/13/office-of-financial-research-assesses-key-threats-to-financial-stability/.
The 2016 Annual Report to Congress can be found at: https://www.financialresearch.gov/annual-reports/files/office-of-financial-research-annual-report-2016.pdf.
The 2016 Financial Stability Report can be found at: https://www.financialresearch.gov/financial-stability-reports/files/OFR_2016_Financial-Stability-Report.pdf.
The OFR home page is at: https://www.financialresearch.gov.