Fed's Tarullo on Fed Taking Brexit Into Account

The transcript discusses the potential impact of the UK referendum on the FOMC's decision-making process. It highlights the uncertainty surrounding Brexit and its implications for financial markets and economic growth. The discussion also touches on the balance between financial stability and growth concerns in the context of the upcoming June meeting.

What does the speaker imply about the relationship between financial stability and growth concerns in the context of the referendum?

In what way does the speaker suggest the referendum could affect ongoing monetary policy?