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Fed, breaking with practice, has yet to report 2024 financial results

The Federal Reserve has not disclosed its earnings data for 2024, marking a departure from its customary January release since 2006. An audited financial statement is expected later this month.

In 2023, the Fed incurred a record loss of 114.3 billion USD compared to a profit of 58.8 billion USD in 2022. Despite these losses, the Fed maintains that its monetary policy and operations will not be impacted.

Political pressures from the Trump administration may influence the Fed’s independence. With a deferred asset of 223.8 billion USD, the Fed anticipates it will take several years before it can return to profitability and remit earnings back to the Treasury.

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