Lots of Red Ink at the Fed

The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023. Quite a number! So the “Federal Reserve Banks Combined Quarterly Financial Report as of June 30, 2023” (CQFR)—a little-known document—is especially notable for its red ink. We can anticipate an…#federalreserve #federalreservebanks #treasury #treasurysecurities #phd #cqfr
Source: Reuters: Health - Category: Consumer Health News Source Type: news