Therefore, I am paying attention to the degree to which base pay will increase in practice. What is important, however, is whether these changes will be sufficiently sustained and lead to the achievement of the 2 percent price stability target in a sustainable and stable manner. 6  There remain high uncertainties in this regard.
Although the stress tests focus on the largest banks, the medium-sized and smaller banks outside of the 18 CCAR firms have also improved their aggregate capital position considerably since the SCAP.