The Federal Reserve's meeting minutes indicate that the risk of bank interest rates remains higher than historical norms

ChainCatcher news, according to Jinshi reports, the Federal Reserve released the minutes of the July meeting, mentioning that vulnerabilities related to leverage in the financial sector are described as "significant." Although the regulatory capital ratios of the banking sector remain high, and all banks participating in the annual regulatory stress tests can maintain minimum capital requirements under stress scenarios, banks are still considered more susceptible to interest rate risks than historical norms. The asset allocation of life insurance companies in the non-bank sector to private credit and risk assets continues to grow, with some funding sourced from short-term non-traditional liabilities.