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sharply rising interest rates throughout the year.
With 60 billion U.S. dollars, the Federal Reserve Bank of New York reported the highest interest expense of the Federal Reserve (Fed) in 2022. It was followed by San Francisco and Richmond, with 9.6 and 7.6 billion U.S. dollars. The total net interest expense of the Fed amounted to roughly 102.4 billion U.S. dollars at the end of the 2022, a drastic increase compared to the previous year due to the Total interest expense of the Federal Reserve in 2022, by bank (in billion U.S. dollars)
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Statista. (May 25, 2023). Total interest expense of the Federal Reserve in 2022, by bank (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista. "Total interest expense of the Federal Reserve in 2022, by bank (in billion U.S. dollars)." Chart. May 25, 2023. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista. (2023). Total interest expense of the Federal Reserve in 2022, by bank (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista. "Total Interest Expense of The Federal Reserve in 2022, by Bank (in Billion U.S. Dollars)." Statista, Statista Inc., 25 May 2023, https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/
Statista, Total interest expense of the Federal Reserve in 2022, by bank (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/ (last visited May 21, 2024)
Total interest expense of the Federal Reserve in 2022, by bank (in billion U.S. dollars) [Graph], Statista, May 25, 2023. [Online]. Available: https://www.statista.com/statistics/1386942/federal-reserve-interest-expense-by-bank/