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Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
pymnts.com/economy/2025/federal-reserve-reports-second-year-negative-net-income-amid-high-interest-rates
The Federal Reserve’s System Open Market Account (SOMA) saw its net income decline for the second year in a row in 2024 and could see another drop in 2025, the New York Federal Reserve said in a report released Tuesday (June 3).
The losses slowed in 2024, with SOMA net income being…
This story appeared on pymnts.com, 2025-06-03 18:54:21.