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End Coming To Windfall For Taxpayers.

Authors :
APPELBAUM, BINYAMIN
Source :
New York Times. 1/10/2015, Vol. 164 Issue 56742, pB1-B2. 2p. 1 Black and White Photograph.
Publication Year :
2015

Abstract

The article discusses the U.S. Federal Reserve's transfer of profits to the U.S. Treasury Department, highlighting the impact of the Fed's economic stimulus policy of purchasing government bonds on restraining the U.S. government's debt. Topics addressed include concerns over the impact of expected declines in the Fed's profits as it raises interest rates, as well as the Fed's payments of interest to banks that keep deposits with the central bank.

Details

Language :
English
ISSN :
03624331
Volume :
164
Issue :
56742
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
100327683