Economic news

Fed carrying $330 billion in unrealized losses on its asset according to Q1 financial statement

2022.05.27 23:20

Fed carrying $330 billion in unrealized losses on its asset according to Q1 financial statement
FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts

WASHINGTON (Reuters) – The U.S. Federal Reserve is carrying $330 billion in unrealized losses on its holding of U.S. Treasury and mortgage-backed securities as of the end of March, according to newly released financial statements showing the impact of rising interest rates on the market value of the Fed’s balance sheet.

The central bank’s holdings of nearly $9 trillion in assets still allowed the Fed to remit $32.2 billion to the U.S. Treasury in the first quarter of 2022, according to the documents. The New York Fed earlier this week flagged the potential for unrealized losses hitting the Fed’s balance sheet, but said it did not impact the central bank’s ability to set monetary policy.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 97,597.15 1.09%
ethereum
Ethereum (ETH) $ 3,343.38 3.06%
tether
Tether (USDT) $ 1.00 0.03%
solana
Solana (SOL) $ 250.21 3.52%
bnb
BNB (BNB) $ 655.13 1.10%
xrp
XRP (XRP) $ 1.38 7.96%
dogecoin
Dogecoin (DOGE) $ 0.419283 6.85%
usd-coin
USDC (USDC) $ 1.00 0.06%
cardano
Cardano (ADA) $ 0.991768 9.20%
staked-ether
Lido Staked Ether (STETH) $ 3,343.99 2.89%
tron
TRON (TRX) $ 0.207761 3.54%
avalanche-2
Avalanche (AVAX) $ 41.11 3.62%
the-open-network
Toncoin (TON) $ 6.07 6.24%
stellar
Stellar (XLM) $ 0.512629 7.89%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 7.45%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,961.18 2.80%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,408.10 0.75%
polkadot
Polkadot (DOT) $ 8.57 8.43%
chainlink
Chainlink (LINK) $ 17.59 2.02%
bitcoin-cash
Bitcoin Cash (BCH) $ 504.36 3.10%
weth
WETH (WETH) $ 3,348.33 2.88%
sui
Sui (SUI) $ 3.34 6.01%
near
NEAR Protocol (NEAR) $ 6.97 7.85%
pepe
Pepe (PEPE) $ 0.00002 6.39%
leo-token
LEO Token (LEO) $ 8.63 0.29%
litecoin
Litecoin (LTC) $ 95.48 6.27%
uniswap
Uniswap (UNI) $ 10.75 2.27%
aptos
Aptos (APT) $ 12.08 8.97%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,517.30 3.13%
hedera-hashgraph
Hedera (HBAR) $ 0.140779 10.34%
internet-computer
Internet Computer (ICP) $ 11.27 4.66%
usds
USDS (USDS) $ 0.99843 0.25%
crypto-com-chain
Cronos (CRO) $ 0.185447 8.14%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.553034 6.19%
ethereum-classic
Ethereum Classic (ETC) $ 28.19 6.93%
render-token
Render (RENDER) $ 7.96 0.53%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.52 2.40%
bittensor
Bittensor (TAO) $ 530.04 1.26%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
kaspa
Kaspa (KAS) $ 0.150072 3.83%
whitebit
WhiteBIT Coin (WBT) $ 24.42 1.51%
vechain
VeChain (VET) $ 0.042973 2.17%
dai
Dai (DAI) $ 1.00 0.10%
bonk
Bonk (BONK) $ 0.000046 6.76%
arbitrum
Arbitrum (ARB) $ 0.837886 5.46%
blockstack
Stacks (STX) $ 2.23 4.88%
filecoin
Filecoin (FIL) $ 5.49 5.24%
cosmos
Cosmos Hub (ATOM) $ 8.37 8.97%
celestia
Celestia (TIA) $ 7.61 3.24%
okb
OKB (OKB) $ 54.26 4.99%