Quantcast
U.S. Fed to publish annual bank ‘stress test’ results on June 25 – Metro US

U.S. Fed to publish annual bank ‘stress test’ results on June 25

FILE PHOTO: The seal for the Board of Governors of
FILE PHOTO: The seal for the Board of Governors of the Federal Reserve System is displayed in Washington

WASHINGTON (Reuters) – The U.S. Federal Reserve said on Tuesday it will publish the results of its annual bank health exams, known as “stress tests,” on June 25 at 4:30 p.m. EDT.

The results this year will include an added test to take into account economic stress cause by the widespread coronavirus lockdowns, the Fed has said.

(Reporting by Michelle Price; Editing by Leslie Adler)