Broader Capital Relief

The stress-test rule becomes a precedent for a wider softening of post-crisis bank capital rules, including the U.S. Basel III Endgame package. This path is plausible because the Fed has already moved from a proposed 2023 capital hike toward multiple 2025-2026 reductions.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.