Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 In 2023, the Federal Reserve reported an unprecedented operating loss of $114.3 billion, halting its payments to the Treasury due to high interest rates. The Fed’s interest expenses surged to $281.1 billion, driven by costs related to reverse repo operations, while its income from assets was $163.8 billion. Typically, profits from the Fed’s securities go to the Treasury, reducing the federal deficit. The shortfall since late 2022 led to a deferred asset for the Treasury, increasing to $133.3 billion, yet affecting neither the federal budget nor monetary policy strategies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Zimbabwe Keeps Interest Rate at 20%, Predicts Inflation Below 5% by Year-End READ MORE Market Predictions Shift: Fed Rate Cut Now Seen as June Event READ MORE Think Tank Expert Recommends Measures to Halt De-Dollarization READ MORE Investment Giants Turn to Gold as Hedge Against Economic Uncertainties READ MORE Dollar Tumbles as Traders Anticipate Fed Rate Cuts Following Inflation Data READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment