[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Toni Gering [@ToniGering](/creator/twitter/ToniGering) on x 1706 followers Created: 2025-07-27 12:35:00 UTC The Federal Reserve has posted operating deficits in 2023 and 2024, marking two consecutive years of losses. This is a rare occurrence, as the last time the Federal Reserve reported an operating loss prior to 2023 was in 1915. These recent deficits are attributed to higher interest rates, which increased the Fed’s interest expenses on reserve balances, outpacing its income. Specifically, the Fed recorded a loss of $XXXXX billion in 2023 and a cumulative net loss of $XXX billion over the last two years, with estimates suggesting the deficit reached $XXX billion by July 2025. XXX engagements  **Related Topics** [fed](/topic/fed) [rates](/topic/rates) [losses](/topic/losses) [federal reserve](/topic/federal-reserve) [Post Link](https://x.com/ToniGering/status/1949448436836704671)
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Toni Gering @ToniGering on x 1706 followers
Created: 2025-07-27 12:35:00 UTC
The Federal Reserve has posted operating deficits in 2023 and 2024, marking two consecutive years of losses. This is a rare occurrence, as the last time the Federal Reserve reported an operating loss prior to 2023 was in 1915. These recent deficits are attributed to higher interest rates, which increased the Fed’s interest expenses on reserve balances, outpacing its income. Specifically, the Fed recorded a loss of $XXXXX billion in 2023 and a cumulative net loss of $XXX billion over the last two years, with estimates suggesting the deficit reached $XXX billion by July 2025.
XXX engagements
Related Topics fed rates losses federal reserve