How the Federal Reserve’s $100 Billion Loss Impacts Taxpayers and What Happens Next

The Federal Reserve has booked a $119 billion loss with experts warning taxpayers may suffer and the fiscal spiral could get worse.
How the Federal Reserve’s $100 Billion Loss Impacts Taxpayers and What Happens Next
Federal Reserve Board Chairman Jerome Powell testifies before a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary Policy Report, on Capitol Hill in Washington on June 21, 2023. Stefani Reynolds/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

The Federal Reserve is awash in red ink, with operating losses at America’s central bank recently punching through the psychological barrier of $100 billion, prompting worry that taxpayers will suffer.

Some experts project losses to double to $200 billion before peaking while others warn the problem will persist at least as long as high inflation continues to be a problem.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics