Gold Finance reported that Wall Street banks will have the opportunity to comment on a series of adjustments to the Federal Reserve's annual bank stress test. The Federal Reserve stated that it will seek public opinion on the models used to determine assumed losses and income for banks under stress, and the reform proposals also include averaging the results of the two-year test to reduce the annual changes in capital requirements caused by stress tests. The Federal Reserve stated in a press release, 'These proposed adjustments will not have a substantial impact on overall capital requirements.' The Federal Reserve analyzed the current stress test and decided to make adjustments to increase flexibility. Regulatory agencies plan to start the public consultation process on potential adjustments to the stress test in early 2025.
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Federal Reserve will seek opinions on adjustments related to bank stress tests.
Gold Finance reported that Wall Street banks will have the opportunity to comment on a series of adjustments to the Federal Reserve's annual bank stress test. The Federal Reserve stated that it will seek public opinion on the models used to determine assumed losses and income for banks under stress, and the reform proposals also include averaging the results of the two-year test to reduce the annual changes in capital requirements caused by stress tests. The Federal Reserve stated in a press release, 'These proposed adjustments will not have a substantial impact on overall capital requirements.' The Federal Reserve analyzed the current stress test and decided to make adjustments to increase flexibility. Regulatory agencies plan to start the public consultation process on potential adjustments to the stress test in early 2025.