“The Importance of Examining the Risks of High Leverage to the Real Economy” “The Importance of Examining the Risks of High Leverage to the Real Economy”

By Kenneth C. Montgomery
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65th Economic Conference

Federal Reserve Bank of Boston

Interim President and CEO Ken Montgomery’s comments were delivered at the start of the Bank’s 65th Economic Conference, The Implications of High Leverage for Financial Instability Risk, Real Economic Activity, and Appropriate Policy. More information may be found here.

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Keywords

  • Great Recession of 2008 and 2009 ,
  • COVID-19 pandemic ,
  • Leverage ,
  • liquidity ,
  • financial stability ,
  • Real Economy

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