Jerome H Powell: Welcoming remarks – "Stress Testing: A Discussion and Review" Welcoming remarks (via prerecorded video) by Mr Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at "Stress Testing: A Discussion and Review", a research conference at the Federal Reserve Bank of Boston, Boston, Massachusetts, 9 July 2019.
The reporting agents thus can be spared these compilation exercises – saving them resources and cost. Of course, this requires effective coordination between the various statistical authorities to ensure their data needs are matched.