The proposed definition of default and treatment of downturn LGDs (loss  BIS Review 18/2007  3  given default) are also areas that have received attention from commenters. Additionally, there has been some concern expressed about retention of the existing leverage ratio.
Source: For inflation compensation, Federal Reserve Board staff estimates using data from the Federal Reserve Bank of New York; for households, University of Michigan Surveys of Consumers; for professional forecasters, Survey of Professional Forecasters (retrieved from Federal Reserve Bank of Philadelphia Real−Time Data Center). Figure 7.