The Federal Reserve had another good investment year, making $76.9 billion in profits off of treasury bonds and mortgage-backed securities and the like. But the Wall Street Journal's Jon Hilsenrath says not to get too excited. While the Fed was able to turn over that tidy profit to the US Treasury this year, there is still quite a bit of risk in its portfolio.
Posted
01-11-2012 9:41 AM
by
Graham Griffith
Filed under: Federal Reserve, monetary policy, ben bernanke, Wall Street Journal, treasury, securities, FOMC, Federal Open Market Committee, projections, investments, jon hilsenrath