The Basel Committee on Banking Supervision today issued a set of frequently asked questions on its revised framework for market risk capital requirements, scheduled to take effect on Jan. 1, 2019. The committee has estimated that the updated framework would result in a median increase of 22 percent in total market risk capital requirements for the large financial institutions affected. Today’s FAQs cover both the standardized approach to market risk capital and the internal models approach and address several specific topics under each approach.
Consumer price inflation 2.5% in August
The Consumer Price Index rose 0.2% in August, the same increase as the previous month, and rose 2.5% over the past year, the Labor Department said.