First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/02/06/the-fed-says-its-record-losses-dont-matter-002975
<p><img src='https://www.moneymetals.com/uploads/content/the-fed-says-its-record-losses-dont-matter-social.jpg'/></p>The Federal Reserve recently disclosed its preliminary income and expenses for 2023, revealing an unprecedented $114.3 billion in operational losses.