Federal Reserve System reports annual net income exceeding $63B

THE FEDERAL RESERVE SYSTEM will contribute $65.5 billion to the U.S. Treasury Department based on its preliminary 2018 financial results. The Fed system includes 12 Federal Reserve banks, including one in Boston, shown above. / BLOOMBERG FILE PHOTO/BRENT LEWIN
PROVIDENCE – The Federal Reserve System’s estimated net income for 2018 is $63.1 billion, the Fed announced. The figure represents the combined profit of the…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

- Advertisement -