“The obscure we always see sooner or later; the obvious always seems to take a little longer – Edward R Murrow”
On July 28, 2023, the European Central Bank (ECB) released the results the outcomes of its most recent stress testing exercise. The comprehensive results can be accessed through this link: (https://www.eba.europa.eu/eba-publishes-results-its-2023-eu-wide-stress-test). Preceding this report, a month earlier, the Federal Reserve Board disclosed its stress test findings, noteworthy for their exclusion of smaller banks[1]. The detailed findings can be explored here: (https://www.federalreserve.gov/publications/files/2023-dfast-results-20230628.pdf).
