Enhancing Financial Stability and Resilience: Macroprudential Policy, Tools and Systems for the Future
Author(s): Working Group on Macroprudential Policy
The report calls on public officials to empower systemic financial regulators with new tools to enhance economic stability and potentially lessen the severity of future economic crises. These tools would address leverage, liquidity, credit and supervision. The report underscores the fact that while policy action may be difficult and controversial, robust action is necessary.