美联储：2024年半年度金融稳定报告（4月刊）（英文版）（66页）.pdf

1、BOARD OF G OV E R N O R S O F T H E FE DER AL R ES ERVE S YS TEMApril 2024Financial Stability ReportThe Federal Reserve System is the central bank of the United States.It performs five key functions to promote the effective operation of the U.S.economy and,more generally,the public interest.The Fede

2、ral Reserve conducts the nations monetary policy to promote maximum employment and stable prices in the U.S.economy;promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S.and abroad;promotes the safety and s

3、oundness of individual financial institutions and monitors their impact on the financial system as a whole;fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S.government that facilitate U.S.-dollar transactions and payments;and promotes co

4、nsumer protection and community development through consumer-focused supervision and examination,research and analysis of emerging consumer issues and trends,community economic development activities,and administration of consumer laws and regulations.To learn more about us,visit www.federalreserve.

5、gov/aboutthefed.htm.iiiNote:This report generally reflects information that was available as of April 1,2024.ContentsPurpose and Framework.vOverview.11 Asset Valuations.52 Borrowing by Businesses and Households.153 Leverage in the Financial Sector.254 Funding Risks.35Box 4.1.The Bank Term Funding Pr

6、ogram.385 Near-Term Risks to the Financial System.45Box 5.1.Survey of Salient Risks to Financial Stability .47Appendix:Figure Notes.49vThis report presents the Federal Reserve Boards current assessment of the stability of the U.S.financial system.By publishing this report,the Board intends to promot