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.
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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.