Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT.

3d ago · US · primary source: federalreserve.gov

Multi-source synthesis by Vested from 2 sources. Every numeric and quoted claim traces to a cited source body (see methodology).

The Federal Reserve Board will release results from its annual bank stress test on June 24 at 4 p.m. EDT, the agency announced. The results will not affect large bank capital requirements, which are set to remain unchanged until 2027.

The Board's stress test is one tool used to measure whether banks have adequate capital to absorb losses and continue lending to households and businesses during a severe recession [1]. This year, 32 large banks were subject to the test, which evaluates resilience by estimating losses, net revenue, and capital levels under a hypothetical recession scenario [1]. The scenario includes a severe global recession with heightened stress in commercial and residential real estate markets, as well as in corporate debt markets [1]. The Board announced in February that it would maintain the current stress test capital buffer requirements until 2027, when new requirements can be calculated based on loss-estimating models that incorporate public feedback [1].

In a separate action, the Federal Reserve Board announced a final rule establishing data standards for certain information collections submitted to the agency [2]. The final rule is generally similar to the proposal released in August 2024 [2]. The standards are designed to promote interoperability of financial regulatory data across agencies and are part of the implementation of the Financial Data Transparency Act of 2022 [2]. The standards have been approved by several other federal financial regulatory agencies [2].

macro-economy

Background sources we checked (6)
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  • en.wikipedia.org ↗ The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve—the central bank of the United States—and is the active executive officer of the Board of Governors of the Federal Reserve System. The chair presides at meetings of the Board. The…
  • en.wikipedia.org ↗ The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System of the United States. It oversees the Federal Reserve Banks and the implementation of the monetary policy of the United Stat…
  • en.wikipedia.org ↗ A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly re…

Sources cited (2)

  1. federalreserve.gov ↗ D
  2. federalreserve.gov ↗ D
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