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Comments on “Financial Stability and Resolution of Federal Reserve Goal and Implementation Conflicts”

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Eisenbeis, Kwan and Wall argue that there is a material conflict between the monetary policy and financial stability mandate of the Federal Reserve. There is a conflict in concept, but… Click to show full abstract

Eisenbeis, Kwan and Wall argue that there is a material conflict between the monetary policy and financial stability mandate of the Federal Reserve. There is a conflict in concept, but the magnitude and importance of the conflict seems small in practice.

Keywords: stability resolution; federal reserve; financial stability; comments financial

Journal Title: Journal of Financial Services Research
Year Published: 2018

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