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The Daily Hodl 2023-07-01 20:00:51

$541,000,000,000 Will Exit US Banking System in ‘Severely Adverse’ Scenario, Warns Federal Reserve

The Federal Reserve says more than half a trillion dollars will exit the American banking system in its “severely adverse” scenario. The Fed just released its annual bank stress test, which found large US banks would survive a severe recession. However, the results of the stress test show a group of 23 banking giants including The post $541,000,000,000 Will Exit US Banking System in ‘Severely Adverse’ Scenario, Warns Federal Reserve appeared first on The Daily Hodl .

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