Home Business Inflation, financial tightening might heighten systemic risks-U.S. Treasury analysis workplace By Reuters

Inflation, financial tightening might heighten systemic risks-U.S. Treasury analysis workplace By Reuters

© Reuters. FILE PHOTO: The U.S. Treasury constructing is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Picture

WASHINGTON (Reuters) – Inflation, financial coverage tightening and cyber assaults might heighten systemic dangers to the U.S. monetary system, together with the doable emergence of latest COVID-19 variants, the U.S. Treasury’s Workplace of Monetary Analysis stated on Wednesday.

The workplace, created after the 2008-2009 monetary disaster to check dangers throughout the monetary system, stated in its annual report back to Congress that local weather dangers had been nonetheless troublesome to evaluate and extra of a medium- to long-term risk to monetary stability.

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