Paul Kupiec on Problems with the Fed’s Balance Sheet and Calls to End Interest on Reserves
Macro Musings with David Beckworth
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Examining the Federal Reserve's Financial Challenges and Future Outlook
This chapter explores the financial challenges encountered by the Federal Reserve, focusing on its substantial losses since 2022. It contrasts optimistic profitability forecasts with the stark realities of current interest rates and stresses the Fed's core mission of maintaining employment and stable prices.
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