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 sharply rising interest rates throughout the year.
Total interest expense of the Federal Reserve in 2022, by bank
(in billion U.S. dollars)
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Interest expense 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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/