General obligation U.S. state and municipal bonds may quality as high-quality liquid assets
Regulators are planning to introduce capital surcharges for the largest, most systemically important banks
The report should not affect the timeline for the normalization of U.S. monetary policy, economists say
Tests will look at three different scenarios
Tthere are several risks surrounding the Fed’s path to more normal rates
Banks granted additional time to address capital planning weaknesses identified during Fed stress tests
Former chairman Ben Bernanke says stimulus package was meant to stabilize U.S. economy
Banks will now have until July 2017 to adhere to provisions for CLOs
Citi plan rejected
Beige Book survey finds “modest to moderate” improvement