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On December 1, 2017, the US Board of Governors of the Federal Reserve System announced that it voted to maintain the countercyclical capital buffer at its current level of 0%.
On December 1, 2017, the US Board of Governors of the Federal
Reserve System announced that it voted to maintain the
countercyclical capital buffer at its current level of 0%. In
coming to this decision, the Federal Reserve Board consulted with
the Federal Deposit Insurance Corporation and the Office of the
Comptroller of the Currency, and followed the framework established
in the Federal Reserve Board's corresponding policy statement.
The countercyclical capital buffer is a tool that can increase
financial system resiliency by providing financial institutions
with a means to absorb higher losses in times of declining or
fluctuating credit conditions.
The press release discussing the Federal Reserve Board's
determination is available at:
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