DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Research Bitcoin News

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, tot...

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 […]

Original source

Read on Bitcoin News

Related market context