Why is it said that the United States will cut interest rates this year? Because the United States cannot sustain it, and the central bank has suffered huge losses.
The Fed's interest income in 2023 will be US$163.8 billion and interest expenses will be US$281.1 billion.
Interest income in 2022 will be $170 billion, and interest expense will be $102.4 billion.
In 2022, it will earn US$70 billion in interest differentials, but in 2023, it will lose US$120 billion in interest differentials.
There are more savings and less loans. The annual interest rate on deposits is 5.5%. The world's money rushes into American banks to earn interest, and the United States cannot resist it.
