This story appeared in Bank Digest.
The Office of Financial Research has released its 2017 Annual Report to Congress, which assesses the state of the United States financial system, and its 2017 Financial Stability Report, which presents the OFR's annual assessment of U.S. financial stability. The reports say overall risks to financial stability remain moderate, similar to a year ago. New vulnerabilities have emerged over the past year, while financial-system resilience has improved, according to the reports.