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Item specifics

Condition:
New with box: A brand-new, unused, unworn and undamaged item in its original packaging (such as the original box ... Read moreabout the condition
Brand: Unbranded
Pattern: No Pattern Exact Heel Height: 1.38 inches
Style: Moccasins Occasion: Casual
Width: Standard (B)

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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.

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