FOR IMMEDIATE RELEASE
February 10, 2017
Contact: William Grassano
Revised Scenarios Released for Stress Tests
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released revised economic scenarios for use by certain financial institutions with total consolidated assets of more than $10 billion for the 2017 stress tests.
The previously released scenarios contained incorrect historical values for the BBB corporate yield in 2016.
The OCC works with the Federal Reserve Board of Governors and the Federal Deposit Insurance Corporation to develop and distribute the scenarios. Those agencies have also issued corrected data.
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