Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals

Publikováno: 8.7.2024

#News Bytes #$176 billion #Bank of America #debt securities #Federal Reserve #interest rates #JPMorgan Chase #megabanks #Monetary Policy #News Bytes 1 #operating losses #unrealized losses

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Federal Reserve's Operating Losses Hit $176 Billion, Analysis Reveals

According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19, 2024. These losses stem from the Fed paying out higher interest rates on reserve balances—5.4%—primarily benefiting megabanks such […]