Fed falls short of dividend ban after pandemic stress test

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Fed falls short of dividend ban after pandemic stress test

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A close up of the Federal Reserve System logo on a $100 bill pictured on October 31, 2014. The United States Federal Reserve announced last Wednesday that it would end its policy of quantitative easing that was put in place in 2008 with the hope of stimulating the economy. (Photo by: Alex Milan Tracy/Sipa USA) | Alex Milan Tracy/SIPA USA/PA Images

The Federal Reserve has come under fire for failing to oblige banks to stop paying dividends at a time of extreme economic uncertainty. The results of its latest stress test showed this week that a quarter of US banks could approach their minimum capital ratios if the coronavirus pandemic leads to a double-dip recession.

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