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Fed's 2021 Stress Test Imagines 55% Equities Fall

FED

The Federal Reserve's 2021 stress test for big banks imagines a severe global downturn with "substantial stress" in commercial real estate and corporate debt markets, equity prices declining by 55% and unemployment spiking to 10.75% next year. Nineteen big banks must demonstrate surviving the "severely adverse scenario" with sufficient capital.

MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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