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 ...
Renowned economist Peter Schiff has expressed criticism of the Federal Reserve's recent bank stress tests, highlighting the lack of preparation for a potential stagflation scenario.
The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.