The Balance Sheet Challenge. Ray Boshara Senior Advisor, Federal Reserve Bank of St. Louis November 2011. Household Financial Stability. Families improve their financial stability through broad-based economic growth, higher net household incomes and, especially, stronger balance sheets.
Senior Advisor, Federal Reserve Bank of St. Louis
“Our overall economic stability relies ultimately on the collective financial health of all American households.”
- Fed Governor Raskin, June 2011
-Christine Lagarde, Managing Director, IMF, August 2011
Consider a family’s entire balance sheet.