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Fed Includes Commercial Real Estate in Stress Tests

Saturday, Feb 13 2021
Commercial Lending
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The Federal Reserve has revealed the scenarios it will use in its 2021 stress tests of large banks, and “substantial stress” in the commercial real estate market is among them. So reports Reuters.

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The hypothetical recession imagined in the Fed’s tests also include a U.S. unemployment rate of 10.75%, a 4% drop in economic growth and a 55% slump in the stock market.

The test will hit 19 of the biggest U.S. banks and results will be unveiled this summer.

Read the full article from Reuters.

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