Though profits are more stable than in earlier estimates,
the central bank’s balance sheet wouldn’t return to normal for
the foreseeable future, according to the Fed economists. Even by
2025, almost two decades after the housing bubble that
precipitated the financial crisis began to burst, the Fed would
still own $407 billion in mortgage bonds.
Under a higher-interest-rate scenario, the Fed would suffer
losses and be unable to make a remittance to Treasury from 2017
to 2019, according to Carpenter and co-authors Jane Ihrig,
Elizabeth Klee, Daniel Quinn and Alexander Boote.
Please ,,,enough already,,,