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The Fed’s quantitative easing gamble costs taxpayers billions

Por: The Hill Business January 19, 2023

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The year 2023 is shaping up to be a challenging one for the Federal Reserve System.  The Fed is on track to post its first annual operating loss since 1915. Per our estimates, the loss will be large, perhaps $100 billion or more, and this cash loss does not count the unrealized  on the Fed’s massive securities portfolio. An operating loss of $100 billion would, if properly accounted for, leave the Fed with negative capital of $58 billion... + full article



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