fed speech, 2024-09-10
While by no means a comprehensive list, I would like to address four of my concerns in particular: (1) volatility in firm results from year to year, (2) the challenge of linking stress testing outcomes with capital through the stress capital buffer, (3) the broad lack of transparency, and (4) the overlap with other capital requirements like the overlap between the global market shock in stress testing and the market risk rule under the Basel III endgame proposal.
Sentiment: neutral
Topic: mp_economic_activity