June 9, 2020 / 8:25 PM / 2 months ago

U.S. Fed to publish annual bank 'stress test' results on June 25

FILE PHOTO: The seal for the Board of Governors of the Federal Reserve System is displayed in Washington, U.S., June 14, 2017. REUTERS/Joshua Roberts

WASHINGTON (Reuters) - The U.S. Federal Reserve said on Tuesday it will publish the results of its annual bank health exams, known as “stress tests,” on June 25 at 4:30 p.m. EDT.

The results this year will include an added test to take into account economic stress cause by the widespread coronavirus lockdowns, the Fed has said.

Reporting by Michelle Price; Editing by Leslie Adler

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