The Federal Reserve Board on November 15, 2012, released the economic and financial market scenarios that will be used in the next round of stress tests for large financial institutions. The scenarios include baseline, adverse, and severely adverse scenarios, as described in the Federal Reserve's final rules that implement stress test requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Each scenario includes 26 variables, including economic activity, unemployment, exchange rates, prices, incomes, and interest rates.
Author: Federal Reserve Bank of San Francisco
Date of Publication: November 21, 2012
Last Updated: November 21, 2012