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.

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

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 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.

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.

All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than ...

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.

The Federal Reserve has recorded over $100 billion in losses, according to data released by the central bank. These losses are projected to increase significantly. What Happened: The U.S. Federal ...