Board of Governors of the Federal Reserve System

International Finance

The Division of Financial Stability is responsible for coordinating and supporting the Board's work on financial stability. In conjunction with other Board divisions, the division identifies and analyzes potential threats to financial stability; monitors financial markets, institutions, and structures; and assesses and recommends policy alternatives to address these threats. In addition, the division fosters broader understanding of financial stability issues by undertaking longer term research, primarily in banking, finance, and macroeconomics.

Global Financial Markets

The Global Financial Markets section covers all aspects of foreign financial markets, with a close focus on foreign exchange, bond, and equity markets. This coverage includes analysis of current developments; development of analytical tools to understand market movements and their macroeconomic implications; and performing long-term research on asset prices, corporate finance, and other aspects of global financial markets. Global Financial Markets also closely monitors monetary policy actions by foreign central banks and evaluates their effects on global financial markets. The section processes and produces a broad set of data for section and division use and provides the H.10, G.5, and G.5A foreign exchange releases to the general public.