Fed’s Operating Losses Declined to $19 Billion in 2025, “Unrealized Losses” Declined to $844 Billion
The Fed disclosed in its audited annual financial report today that its results in 2025 were less atrocious than in 2024, which had been less atrocious than peak-atrociousness in 2023 when the hangover from its prior monetary policies of ultra-low interest rates and QE had set in. This is the consolidated report of the Federal […]