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Reserve Bank Net Income Drops In 2018

Reserve Bank Net Income Drops in 2018

Jan. 11, 2019

The Federal Reserve Banks paid approximately $65.4 billion of their estimated 2018 net income to the U.S. Treasury, according to preliminary results from the Fed.

The reserve banks’ 2018 estimated net income of $63.1 billion is a $17.6 billion decline from 2017, primarily due to a $12.6 billion increase in interest expense associated with reserve balances held by depository institutions.

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