Financial stability is about building a financial system that can function in good times and bad, and can absorb all the good and bad things that happen in the U.S. economy at any moment; it isn't about preventing failure or stopping people or businesses from making or losing money.What does the Federal Reserve do for financial stability?
The Federal Reserve works to identify threats to financial stability and develop effective policies to address those threats through its Division of Financial Stability. This division monitors financial markets, institutions, and structures and also conducts research on financial stability issues.Do you have to worry about paying your bills if you have financial stability?
You don’t worry about paying your bills because you know you will have the funds. You are debt free, you have money saved for your future goals and you also have enough saved to cover emergencies. Financial stability isn’t about being rich.