Ahead of Ben Bernanke's testimony to Congress, MSCI calculates that the bank could take...
Tuesday, February 26, 4:48 AM ETAhead of Ben Bernanke's testimony to Congress, MSCI calculates that the bank could take mark-to-market losses of $547B on its holdings within three years if GDP contracts and rates rise sharply along with inflation. The Fed's losses would be $216B if the economy performs in line with consensus. It might be worth noting, though, that the Fed doesn’t mark its portfolio to market.
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