Monday, March 12, 2012

Fed Releases Criteria of Bank "Stress Test"

The Fed will look at how the nation's 19 largest banks would survive a world with a 13 percent jobless rate, a 50-percent drop in stocks, a 21-percent decline in housing prices and a significant contraction of other major world economies.
Is this normal, or is this what the Fed is expecting in our economic future?

No comments:

Post a Comment

Weekend Reading -- A New Weekend Knowledge Dump

Greg Ellifritz has posted a new Weekend Knowledge Dump at his Active Response Training blog . Before I discuss some of his links, I want to ...