Fed: US Banks Withstand Recession
US banks remain well-positioned to withstand a severe recession and continue lending, according to Fed stress tests.
Banks Absorbed More Than $700B In Hypothetical Losses; Capital Ratios Declined Only 1.6% And Remained Above Minimum Requirements Fed Reaffirms Plan To Keep Bank Capital Levels Steady While Reworking Stress Testing Framework New Stress Capital Buffers To Be Set Following The 2027 Stress Test