Ask Beth: What is Financial Stability?
Main theme
Maintaining financial stability is a key responsibility of the Federal Reserve, and one of the reasons it was founded. The Fed works to make sure the financial system is strong and stable and aims to prevent economic crises before they start.
Video summary
Cleveland Fed president, Beth Hammack, describes how the Federal Reserve works towards financial stability, one of its five main functions. This is one video from her series titled “Ask Beth.”
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President and CEO
Learn about the work of Beth M. Hammack, president and CEO of the Federal Reserve Bank of Cleveland.