Here is the post on the Financial Stability Report, a quick summary and link to the full thing:

Brainard remarks:

  • Fed is working with domestic, international regulators to better understand exposures of commodity market participants
  • large price spikes. margin calls in commodities from Russias Ukraine war highlight potential for contagion to large financial institutions
  • business. households appear to have resources to cover debt burdens. an important aspect of resilience in a rising interest-rate environment
brainard 10 May 2022