Here are the 14 most outrageously expensive neighborhoods for renters

Here are the 14 most outrageously expensive neighborhoods for renters

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Fed faces billion-dollar losses in looming QE exit

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Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.

That sum is the difference between the value of securities in the Fed’s portfolio on Dec. 31 and what they may fetch in three years, according to data compiled by MSCI Inc. of New York for Bloomberg News.

Source: Bloomberg
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