Briefing on the U.S. CCAR & European Stress Test Scenarios
Following last week’s release of the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR) scenarios for 2021, join Mark Zandi and the Moody’s Analytics team as they discuss the CCAR scenarios.
The group will also consider the stress test scenarios recently released by Prudential Regulatory Authority in the U.K. and European Bank Authority in the European Union.
Our experts will answer key questions, including:
• How severe are the stress test scenarios?
• Are the scenarios internally consistent?
• What are possible narratives driving the scenarios?
• How do this year’s scenarios compare with last year’s?
• How do the Fed, PRA, and EBA scenarios compare with each other?
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Debt Limit Brinkmanship (Again)
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Playing a Dangerous Game With the Debt Limit
Treasury has been using its available cash to pay its bills, but by mid- to late October those funds will be exhausted. Someone would not get paid in a timely way.
Assessing the Macroeconomic Consequences of the Inflation Reduction Act of 2022
Lawmakers appear close to passing into law the Inflation Reduction Act of 2022.