meelezer111 schreef op 15 februari 2021 17:27:
WASHINGTON—The Federal Reserve said it would test the ability of the largest U.S. banks to weather a hypothetical recession in which markets seize up and unemployment jumps above 10%.
The so-called stress test, conducted annually to see how banks would react to dramatic market and economic shocks, will feature a scenario in which a severe global recession leads to “substantial stress” in commercial real estate and corporate debt markets, the Fed said.
In a “severely adverse” scenario, unemployment rises by 4 percentage points to reach nearly 11% in the third quarter of next year, as gross domestic product falls and asset prices drop sharply, including a 55% decline in equity prices.