Twelve Years of Promoting Financial Stability

Last month marked the 13th anniversary of the Office of Financial Research (OFR) and approximately 12 years since the OFR began to assess financial stability risks in earnest. Our job is to research, investigate, and report on risks to the financial system; assess how much of a threat such risks might pose; and provide policymakers with financial analysis, information, and evaluation of policy tools to mitigate those risks.

Here’s a look back at some of the OFR’s achievements. Over the past 12 years, we have:

Since its inception, the OFR has made great progress in promoting financial stability. Today, we can see into the dark corners of the market more clearly than ever before—but our work is far from complete.

As the financial system changes, evolves, and innovates, new threats and vulnerabilities continuously emerge. The OFR faces these challenges every day—head on—by working to fill data gaps and providing essential research that will help us not only understand the financial system of today but also assesses vulnerabilities that could threaten the financial system and economy of tomorrow.

We will continue our work of promoting substantive analysis and understanding of financial-stability issues that impact the financial markets for many years to come.