McDonough on financial resilience

- Central Banking staff
- 22 Oct 2002

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SPEECH - In the speech 'Promoting Financial Resilience' made on 17 October, William J. McDonough of the Federal Reserve Bank of New York said a general agreement exists that in order for countries to enjoy sustained and stable growth, a sound and stable macroeconomic environment is crucial along with well-functioning and robust financial systems in both capital-exporting and capital-importing countries.

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Remarks

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