"Federal Reserve's Losses Surpass $100 Billion Amid Rising Interest Costs"

The Federal Reserve has reported losses exceeding $100 billion, a result of paying out more in interest costs than it earns from bonds and financial services. Experts predict that these losses could potentially double before subsiding, with estimates ranging from $150 billion to $200 billion by next year. The losses are attributed to the Fed's aggressive campaign to raise interest rates, which has led to a net negative income. However, the losses are expected to eventually decrease as the Fed continues to shrink its balance sheet. Despite the losses, the Fed maintains that it can still conduct monetary policy effectively.