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.