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Federal Reserve Posts Massive, $114 Billion , Loss in 2023.<br/>On March 26, the Federal Reserve <br/>announced a record-breaking net <br/>negative income of $114.3 billion in 2023.<br/>Reuters reports that the loss follows <br/>$58.8 billion in net income in 2022. .<br/>Since releasing the numbers, <br/>the Fed has stressed that negative net <br/>income does not impede its ability to operate.<br/>Since releasing the numbers, <br/>the Fed has stressed that negative net <br/>income does not impede its ability to operate.<br/>As a result of low rates and large <br/>levels of bond holdings, the Fed has <br/>earned significant profits in recent years.<br/>Last year, the Fed's audited interest expenses for <br/>banks' reserve balances reached $176.8 billion, <br/>an increase of over $116 billion from 2022.<br/>In 2023, the Fed's interest payouts from <br/>its reverse repo facility were $104.33 billion, <br/>increased from $41.9 billion the year before.<br/>Reuters reports that the Fed creates funds when <br/>dealing with operating losses, capturing its loss<br/>in an accounting device known as a deferred asset.<br/>Reuters reports that the Fed creates funds when <br/>dealing with operating losses, capturing its loss<br/>in an accounting device known as a deferred asset.<br/>At the close of 2023, the deferred <br/>asset stood at $133.3 billion.<br/>As of March 20 of this year, that number <br/>had risen to $157.8 billion with no <br/>indication of how much larger it could get.<br/>Last year, a St. Louis Fed report forecast that it <br/>could take years before the Fed can return to <br/>profitability and reduce the country's deferred asset.<br/>Last year, a St. Louis Fed report forecast that it <br/>could take years before the Fed can return to <br/>profitability and reduce the country's deferred asset
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TV Promos
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#moscow #VladimirPutin #moscowattack #headlines<br/><br/>Pakistan Day being celebrated with traditional zeal<br/><br/>World Bank okays $149.7m in financing for two projects in Pakistan<br/><br/>Imad Wasim comes out of T20I retirement ahead of World Cup 2024<br/><br/>Saudi defense minister conferred Nishan-e-Pakistan<br/><br/>Karachi retailer ‘fined’ for selling cheaper flour<br/><br/>SIC session to devise strategy for Punjab Senate election<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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Sony Pictures España
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Miss Teen India 2008 Urvashi Rautela biography<br/>Urvashi Rautela is an Indian actress, model and beauty pageant titleholder who predominantly works in Hindi films. She gained prominence after winning the title of Miss Diva- Miss Universe India 2015, and representing India at Miss Universe 2015. She began her modelling career at the age of 15 and also previously won the title of Miss Teen India 2009.<br/>Rautela made her acting debut in 2013 with Singh Saab the Great (2013) and has since appeared in some notable films like Sanam Re (2016), Great Grand Masti (2016), Hate Story 4 (2018) and Pagalpanti (2019).
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James Dunleavy
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David Guetta
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MiAlgae, a Scottish biotech start-up firm, turns waste from the whisky industry into a sustainable source of omega-3 for feeding to farmed fish and pets
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Madison Beer
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Julien Miquel
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