Fed survey finds global trade fight, policy uncertainty top financial stability risks

The survey identified global trade risks as a primary concern, cited by 73% of participants, indicating a sharp rise from previous reports, highlighting growing anxiety over potential trade conflicts.

Half of the respondents pointed to general policy uncertainty as a major issue, reflecting rising worries that have escalated since last fall, particularly following the return of aggressive tariffs.

While there are risks, the Fed observed stability in commercial real estate and the overall banking system, emphasizing a robust capital ratio among banks amidst increasing credit commitments to non-bank entities.

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