Return to text 2 See Board of Governors of the Federal Reserve System, “Federal Reserve Board invites public comment on  framework that would more closely match regulations for large banking organizations with their risk profiles,” news release, October 31, 2018. Return to text 3 The capital planning evaluation remains as part of the normal supervisory process for these firms.
Nevertheless, this pronounced drop in the growth rate does not come as a surprise and should be no cause for concern: the strong expansion we saw in the first quarter was in part due to catch-up effects, since the last quarter of 2010 had been adversely affected by an exceptionally cold winter.