Fed earns $116bn on QE assets in 2014

fedres

The Federal Reserve earned an estimated $115.9 billion in interest on assets purchased through its monetary easing programme in 2014, according to unaudited data published by the US central bank on Friday.

That is a 30% increase on the previous year, despite the decision by the Federal Open Market Committee (FOMC) to wind down its monthly asset purchase programme in October.

The Fed earned $90.4 billion in interest on open market purchases in 2013. The FOMC gradually cut the amount of asset purc

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: