Beltway Confidential

Yes, taxpayers fund the Fed’s losses

By Tiana Lowe Doescher

Published March 29, 2023 11:53pm ET

Add Washington Examiner on Google

Yes, taxpayers fund the Fed’s losses — FILE- This March 27, 2009, file photo, shows the Federal Reserve Building on Constitution Avenue in Washington. With an eye on the âfiscal cliff,â the Federal Reserve is expected to announce a new bond-buying plan to support the U.S. economy on Tuesday, Dec. 11, 2012. | (AP Photo/J. Scott Applewhite, File)

Apparently unable to predict the very inflation that it directly caused, the Federal Reserve is now seeing monthly losses of $7 billion to $8 billion. Contrary to assertions of Congress and investors keen for the Fed to bail out its own shoddy decision-making, taxpayers are indeed on the hook for the Fed’s losses.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

COVID-19 Federal Reserve Inflation Interest Rates