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To promote low inflation, full employment and financial stability, and provide services to financial institutions and the Treasury

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Item specifics

New without box: A brand-new, unused and unworn item that is not in its original retail packaging or may be missing ... Read moreabout the condition
Brand: Qupid
Main Colour: Gold Heel Type: Block
UK Shoe Size (Women's): UK 4 EAN: Does not apply

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Economic Letter

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Posted April 1, 2019

Real estate has hit record high prices and elevated valuations in some markets. Do bank lenders have sufficient capital to withstand a large price drop?

Estimates using the Federal Reserve’s stress test scenarios suggest that, although a few small banks would be undercapitalized, the banking sector overall appears resilient enough to weather a steep decline in real estate prices.

View past Economic Letters

In the News

From the President

From the 12th District

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January 10, 2019


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March 22, 2019

John Fernald, senior research advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of March 14, 2019.

From the Board

March 6, 2019

Summary of Commentary on Current Economic Conditions by Federal Reserve District

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