US Federal Reserve's Michelle Bowman says changes to bank stress test coming soon
The Federal Reserve will soon vote on revamped bank stress tests.
These changes aim for greater transparency and predictability for lenders.
More details about testing models will be disclosed to the public.
Results from two recent tests will determine capital buffer requirements.
This overhaul is part of broader capital rule adjustments.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
