Fed Stress Test's Worst-Case Scenario: Unemployment Tops 10%, Stock Market Cut In Half |
November 16, 2012 | November 2012 Bond Updates |
The Federal Reserve is out with the conditions for its 2013 stress tests and the scenarios banks will consider this year include another deep recession that comes with a surge in unemployment and a steep decline in the equity market. |
View more at: http://www.forbes.com/sites/steveschaefer/2012/11/15/fed-stress-tests-worst-case-scenario-unemployment-tops-10-stock-market-cut-in-half/ |
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