Federal Reserve Financial Stability Report: Global trade war and policy uncertainty are the biggest risks to financial stability

BlockBeats reported that on April 26, the latest financial stability report released by the Federal Reserve on Friday showed that the global trade risk, overall policy uncertainty and the sustainability of US debt ranked first in the potential risks of the US financial system. This is the first time since Trump returned to the White House that the Federal Reserve has conducted a semi annual investigation into financial risks. 73% of respondents stated that global trade risks are their biggest concern, which is more than twice the proportion reported in November. Half of the respondents believe that overall policy uncertainty is the most concerning issue, and this proportion has increased compared to the same period last year. The survey also found that more attention has been paid to issues related to the recent market turmoil, with 27% of respondents worried about the operation of the US treasury bond bond market, up from 17% last autumn. Foreign divestment of US assets and the value of the US dollar are also on the list of concerns. (Golden Ten)