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1 year ago

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Fed's net income turned negative in September, but it was no surprise

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Fed's net income turned negative in September, but it was no surprise

The Federal Reserve's net income turned negative in September, minutes from its most recent policy meeting showed, although the largely technical development - previously flagged by its staff - will not affect the U.S. central bank's ability to conduct monetary policy and does not threaten its financial position.

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Fed's net income turned negative in September, but it was no surprise

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Fed's net income turned negative in September, but it was no surprise

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