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More plausible interest rate scenarios would better serve the industry in planning for rising rates.

Why do Regulators Continue to Focus on Interest Rate Risk? Because there is a Real Problem Brewing Like Never Before!

U.S. GDP growth came in well below expectations at a 1.2% rate in the second quarter. The Bloomberg consensus estimate was 2.5%. The GDP Price Index rose 2.2% beating the consensus estimate of 1.9%. June’s Employment Cost Index rose 0.6% in line with expectations.

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