美联储三年亏损期终落幕！2432亿美元窟窿还需数年来填？

Group 1 - The Federal Reserve has reportedly turned around its unprecedented losses that lasted for three years, closely linked to the monetary policies implemented post-COVID-19 [2] - Since early November, the Federal Reserve has returned to profitability, allowing it to slowly begin to fill its deferred assets, which have decreased from $243.8 billion to $243.2 billion by November 26 [2] - Analysts expect that the process of replenishing deferred assets and returning profits to the Treasury will take years to complete [2] Group 2 - During the pandemic, the Federal Reserve significantly increased its asset holdings by purchasing government bonds and mortgage-backed securities, peaking at $9 trillion in the summer of 2022 [3] - Rising inflation pressures led the Federal Reserve to raise interest rates significantly starting in early 2022, creating a mismatch between its income and the payments it needed to make to banks [3] - The cessation of losses for the Federal Reserve is attributed to the reduction in interest on reserve balances (IORB) and not from special earnings like seigniorage [3]