Mr. Pollock is a Senior Fellow at the Mises Institute, the author of 'Finance and Philosophy--Why We’re Always Surprised' and ...

The head of the Minneapolis Federal Reserve warned Friday that banks should "stop paying dividends" and "raise capital" as more Americans struggle to pay their loans and credit losses mount at ...

The Federal Reserve ran an operating loss of $77.6 billion last year, ... The figures were disclosed Friday when the U.S. central bank published audited results of its 2024 financial statements.

The Federal Reserve experienced its largest operating loss ever in 2023 so the combined, annual, audited financial statements for the Federal Reserve Banks and LLCs, released last week, reveal.

Unlike regulated financial institutions, no matter how big the losses it may face, the Federal Reserve will not fail. It can continue to print money even if it is deeply insolvent.

Federal Reserve Governor Christopher Waller said late Thursday that he continues to believe that the Fed should cut its interest rate target at the July meeting, citing mounting economic risks and the ...

Federal Reserve losses have eclipsed $200 billion as the central bank continues to bleed red ink. Oh, and by the way, you – the taxpayer – are ultimately on the hook.

The Federal Reserve at Washington in 2020. AP/J. Scott Applewhite, file. Thus at present, it has no earnings, no retained earnings, and no capital. In addition to that, it had a mark to market loss of ...

Federal Reserve losses contribute to federal deficit. When the central bank makes money, it hands it to the Treasury. But now it’s losing money as it pays interest to banks on their deposits.

The Federal Reserve pays no interest on paper currency, and for most of 2008-22 it was barely paying anything for bank deposits, an interest rate of 0.25% or less.

U.S. businesses told the Federal Reserve in June and early July that the loss of immigrant labor is adding to their struggles ...

The stock market ended a 9-day winning streak by closing red yesterday, and the market seems to be extending these losses ahead of the Federal Reserve’s meeting. The meeting will start today and ...