IMF Staff Country Reports

United States: Financial System Stability Assessment

August 10, 2020

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United States: Financial System Stability Assessment, (USA: International Monetary Fund, 2020) accessed November 13, 2024

Summary

Much of the Financial Sector Assessment Program (FSAP) work was conducted prior to the COVID-19 pandemic. The lockdown of the economy has led to a massive growth shock. Following the precipitous fall, risk asset prices have rebounded, and financial conditions eased. The vulnerability analysis has been updated and largely captures this shock. Recommendations on strengthening policy and institutional frameworks remain pertinent. The approach to financial regulation and supervision was risk-focused given the high degree of compliance against international standards assessed during the 2015 FSAP. 

Subject: Asset and liability management, Banking, Financial institutions, Financial sector policy and analysis, Financial sector stability, Liquidity, Loans, Mortgages, Stress testing

Keywords: Central bank, Commercial paper, CR, Economic activity, Financial sector stability, Financial system, Fixed income, Global, ISCR, Liquidity, Loans, Money market, Mortgage loan, Mortgages, Short term, Spot market, Stress testing, U.S. dollar

Publication Details

  • Pages:

    113

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2020/242

  • Stock No:

    1USAEA2020002

  • ISBN:

    9781513552873

  • ISSN:

    1934-7685