Fed set to raise bar for US stress tests

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Within the next few weeks or months, the US Federal Reserve will release the details of a new set of stress tests. Under rules designed in 2012 to implement the Dodd-Frank Act, the requirement to produce multi-quarter predictions of the response to adverse stress scenarios will be extended down to medium-sized US banks, as well as the 18 largest, which have been subject to the requirement since last year. Banks with between $10 billion and $50 billion will be required to produce reports of t