Macro Musings with David Beckworth cover image

Bill Nelson on How Bank Examiner Preferences are Obstructing Monetary Policy

Macro Musings with David Beckworth

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What Are the Feds Going to Do About Negative Operating Income?

Each week the Fed usually earns a positive amount from all of the interest payments on all securities that they own. But it's not as if they're going to get money back as say happens in some other countries where the treasury has indemnified the central bank against losses. This is an exciting time to be someone following the Fed's balance sheet for sure.

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