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Fed's Income Shortfall Puts Pressure On Treasury As Interest Expenses Soar To $1 Trillion
Tuesday, November 28, 2023 - 1:17pm | 907Fed’s Income Shortfall Puts Pressure On Treasury As Interest Expenses Soar To $1 Trillion1 Instead of dishing out excess earnings to the U.S. Treasury, the Federal Reserve is now projected to operate as a loss-making entity for the foreseeable future. The St. Louis Federal Reserve dropped...