The Federal Reserve on Wednesday released new scenarios for its next annual stress-test examination of big banks, and some early reviews are in on Thursday: “Less strenuous.” “Less harsh.” This annual ...
The Federal Reserve has told Wall Street banks that they won’t need to submit data for climate stress tests, according to people familiar with the matter.
In the 2025 stress-test scenario, the US unemployment rate would rise almost 5.9 percentage points to 10%. That hike would come with severe market volatility, widening corporate bond spreads, a 33% ...