The Fed’s Remittances to the Treasury: Explaining the 'Deferred Asset'
Miguel Faria-e-Castro and
Samuel Jordan-Wood
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
The Federal Reserve typically generates excess earnings, which it remits to the U.S. Treasury. But what happens when the Fed’s costs exceed its income? A blog post explains.
Keywords: Treasury remittances; deferred asset (search for similar items in EconPapers)
Date: 2023-11-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:97372
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