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Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.

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Janet Yellen

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The Federal Reserve ranks among the most transparent central banks. We publish a summary of our balance sheet every week. Our financial statements are audited annually by an outside auditor and made public. Every security we hold is listed on the website of the Federal Reserve Bank of New York.

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Expanded credit access has helped households maintain living standards when suffering job loss, illness, or other unexpected contingencies.

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May 2, 2024

Expanded credit access has helped households maintain living standards when suffering job loss, illness, or other unexpected contingencies.

Previous

May 2, 2024

The Federal Reserve ranks among the most transparent central banks. We publish a summary of our balance sheet every week. Our financial statements are audited annually by an outside auditor and made public. Every security we hold is listed on the website of the Federal Reserve Bank of New York.

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