We also would support an increase in the $ billion Dodd-Frank Act asset threshold for company-run stress tests and risk committee requirements, and in the $ billion threshold for enhanced prudential standards under section 165 of the Dodd-Frank Act.
Most of the economic growth forecasts have been revised upwards, with the latest Reuters consensus forecasts expecting growth of 1.6% and 1.9% for 2018 and 2019 respectively, up by almost 0.5 percentage points since November last year, and a forecast of 2.3% for 2020. The SARB’s growth forecast for 2018 has been revised upwards from 1.2% in November to 1.7% in March.