Financial Stability Oversight Council Flags Brexit, Federal Government Debt as Potential Financial Stability Risks

From: ABA Banking Journal

Risks to the U.S. financial system remain moderate, though factors outside the U.S. — including Brexit — could potentially threaten financial stability in the months ahead, the Financial Stability Oversight Council said today in its annual report. The council also noted that an increasing federal government debt burden could negatively affect financial stability in the long-term.

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