Fed's 2024 Loss Narrows
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central bank financesReuters
•Business
Business & Economics
Fed reports comprehensive 2024 net loss of $77.5 billion
78% Informative
The U.S. central bank said the total distribution of its comprehensive net loss last year stood at $77.5 billion versus $114.6 billion in the prior year .
The Fed 's loss is primarily driven by its efforts to bring high levels of inflation down.
The central bank is self-funding, earning money from the securities it owns and services it provides to the financial sector.
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