The Consequences of Radical Interest Rate hikes: The Federal Reserve suffered a historic loss of $114.3 billion last year
六月清晨搅
发表于 2024-1-14 10:29:54
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On Friday (January 12) local time, the Federal Reserve released its preliminary unaudited financial statements for 2023. As the Federal Reserve vigorously supported the economy during the COVID-19, and then aggressively raised interest rates to cope with high inflation, the operating loss of the Federal Reserve last year reached $114.3 billion, the largest loss ever.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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