The Federal Reserve Board has announced the details of its first-ever mid-cycle stress test. Following the release of its regularly scheduled annual stress test results in June, the Fed committed to develop a mid-cycle stress test by September 30 given the ongoing uncertainty of the coronavirus pandemic. Continue reading “Fed Reveals Details of First Mid-Cycle Stress Test”

A Note From Hanseul Kang Dear fellow Broad Center alumni, I am thrilled to be joining the Yale School of Management later this fall as the inaugural assistant dean and Executive Director of The Broad Center at Yale SOM. Although I am still focused on finishing out my work in DC for the...

Continue reading “TBC at Yale SOM Launch Newsletter #7”

Optimism in the Time of COVID (Randal K. Quarles; Federal Reserve Board of Governors) Continue reading “News in Systemic Risk: Thursday, September 24, 2020 (10 a.m. ET)”

On September 23, the United States House of Representatives Select Subcommittee on the Coronavirus Crisis released a report investigating corporate bond purchases by the Federal Reserve (Fed) in response to the economic downturn caused by COVID-19. Continue reading “"Prioritizing Wall Street": Report by Select Subcommittee on Fed’s Corporate Bond Purchases”