The Fed’s losses have passed $100 Billion: What’s next? ...Middle East

There has just been a landmark event at the Federal Reserve: Its accumulated operating losses have passed $100 billion. This startling number, which would previously been thought impossible, was reported on Sept. 14, 2023, in the Fed’s H.4.1 Release. It is essential to understand that these are not mark-to-market paper losses; they are real cash losses resulting from the Fed’s expenses being to this remarkable extent greater than all its revenue. These are equally losses to the U.S. Treasury and thus costs to the taxpayers; nonetheless the Fed keeps officially insisting that its losses don’t matter. (Meanwhile the Fed’s mark-to-market losses are more than $ 1 trillion in the most recen

Read More Details
Finally We wish PressBee provided you with enough information of ( The Fed’s losses have passed $100 Billion: What’s next? )

Also on site :

• Iconic Sitcom Actress, 67, Stuns With Ageless Appearance 20 Years After Show Ended
• Beloved ‘90s Icon Meets Iconic ‘Pitch Perfect’ Stars in an Unforgettable Red Carpet Moment
• 'Lightnin' Strikes' Singer Lou Christie Dies at 82, Leaving a Lasting Legacy