Congressional Research Service Issues Insight White Paper on Federal Reserve Operating at a Loss
January 24, 2023
January 24, 2023
WASHINGTON, Jan. 24 -- The Congressional Research Service issued the following Insight white paper on the Federal Reserve operating at a loss (No. IN12081) on Jan. 23, 2023, by macroeconomic policy specialist Marc Labonte.
Here are excerpts:
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Why Is the Federal Reserve Operating at a Loss?
The Federal Reserve (Fed) is self-funded and normally earns more income than needed to cover its expenses and capital transfers, remitting the differenc . . .
Here are excerpts:
* * *
Why Is the Federal Reserve Operating at a Loss?
The Federal Reserve (Fed) is self-funded and normally earns more income than needed to cover its expenses and capital transfers, remitting the differenc . . .