Reported 2 days ago
The New York Federal Reserve's annual report reveals a $1.06 trillion unrealized loss on bond holdings for 2024, slightly higher than the previous year. This loss is attributed to increased market interest rates, although it does not affect monetary policy since the Fed plans to hold these securities until maturity. The Fed's balance sheet has undergone significant growth, peaking at $9 trillion during the pandemic, but is now decreasing to an expected $6.2 trillion by January 2026.
Source: YAHOO