Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Sunday, November 13, 2011

Fed To Conduct Round Of Bank Stress Tests

(WASHINGTON) — The second-ranking member of the Federal Reserve said the central bank will conduct a fourth round of stress tests in the coming weeks to determine if U.S. banks can withstand a recession.
Vice Chairman Janet Yellen said Friday that the tests are necessary to ensure a stable U.S. economy. She made the comments during a speech at the Federal Reserve Bank of Chicago.


More

No comments: