Comments from Fed vice chair Stanley Fischer:

  • US toolkit for controlling asset bubbles is neither large nor battle tested
  • Monetary policy should be used if financial stability risks develop
  • Compared to other countries, US has relative lack of tools for macroprudential policy
  • Bank reserve requirements could be studied as tools
  • New regulations since crisis have improved financial stability

There's no word on whether there will be a Q&A but Fischer isn't usually shy about sharing his opinions with reporters so we'll keep an eye out.