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Financial Stability Report

Financial Stability Report November 2021. B o a r d o f G o v e r n o r s o f t h e F e d e r a l R e s e rv e S y s t e m Financial Stability Report November 2021. B o a r d o f G o v e r n o r s o f t h e F e d e r a l R e s e rv e S y s t e m This and other Federal Reserve Board reports and publications are available online at To order copies of Federal Reserve Board publications offered in print, see the Board's Publication Order Form ( ). or contact: Publications Fulfillment Mail Stop N-127. Board of Governors of the Federal Reserve System Washington, DC 20551.

Nov 08, 2021 · It is important to note that liquidity and maturity transformation and lending to households, businesses, and financial firms are key aspects of how the financial system supports the economy. For example, banks provide safe, liquid assets to depositors and long-term loans ... and financial market utilities. Specifically, in the post-crisis ...

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