- Federal Reserve
Everyone knows that the Federal Reserve made borrowing more expensive when it raised interest rates to fight inflation. Yet little attention is paid to the tide of red ink that higher rates brought to the bank itself.
Federal ReserveThe Fed Is Turning the Corner on Profits. It’s Good for the Treasury.By Karishma VanjaniShareResizeReprintsEveryone knows that the Federal Reserve made borrowing more expensive when it ...
Everyone knows that the Federal Reserve made borrowing more expensive when it raised interest rates to fight inflation. Yet little attention is paid to the tide of red ink that higher rates brought to the bank itself.
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