The central bank is now paying out more in interest expenses than it earns in interest income by Nick Timiraos, The Wall Street Journal, October 31, 2022 The Federal Reserve’s aggressive … [Read more...] about Higher Interest Rates Fuel Losses at the Federal Reserve
the Federal Reserve
Wall Street ends month down 9.3%, worst since March 2020
by stan Choe and Alex Viega, The Associated Press, September 30, 2022 Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly skid since March 2020, when the … [Read more...] about Wall Street ends month down 9.3%, worst since March 2020