In May the Fed lost $155 billion in paper value on its $3.2 trillion portfolio of assets. That means the Federal Reserve's capital resources of $55 billion would have been wiped out nearly three times over had it been necessary for the central bank to mark its portfolio to market, or to sell a large amount of its $3.2 trillion holdings.
In May the Fed lost $155 billion in paper value on its $3.2 trillion portfolio of assets. That means the Federal Reserve's capital resources of $55 billion would have been wiped out nearly three times over had it been necessary for the central bank to mark its portfolio to market, or to sell a large amount of its $3.2 trillion holdings.
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