On the recordMarch 16, 2023
Our stress testing regime is forcing banks to greatly improve their risk management and capital planning.
Source
congress.govOur stress testing regime is forcing banks to greatly improve their risk management and capital planning.
Yellen emphasizes the importance of stress tests in improving bank risk management.
Share
More from Janet Yellen
The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.