Federal Reserve Couldn’t Pass A Stress Test, Says Former Fed Economist

HFA Padded
Published on
Updated on
Daniel Tarullo Federal Reserve

As the most systemically important financial institution in the country, it was only a matter of time before someone asked the question: what would happen if we applied the same standards to the Federal Reserve that the Fed has been applying to major banks like Citigroup Inc (NYSE:C) and Bank of America Corp (NYSE:BAC) during its annual stress test? Federal Reserve would flunk its own stress test: Hein “If the Federal Reserve were a commercial bank it would probably flunk its own stress tests,” writes Texas Tech University finance professor and former senior economist at the Federal Reserve Bank of St. Louis…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!