The largest in its history: $114.3 billion in Federal Reserve losses during 2023

  • Washington, United States of America
  • 15 January 2024
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In 2023, the US Federal Reserve recorded the largest operating loss in its 110-year history. The loss amounted to $114.3 billion in 2023, according to preliminary estimates for the 2023 accounts of this institution that carries out the functions of the central bank.

The Federal Reserve will thus pay $281.1 billion in interest in 2023, an increase of $178.7 billion over the previous year. One source of the Federal Reserve's income declined last year, which is the interest it receives from the bonds and stocks it holds. As his portfolio's returns deteriorated, he received only $163.8 billion in interest in 2023, $6.2 billion less than the previous year.

Source (Emirati Al-Khaleej newspaper, edited)

 

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