【摩根士丹利：美联储有望恢复正现金流】金十数据3月25日讯，摩根士丹利分析师周一在一份报告中说，美联储似乎即将结束历史性的连续亏损，可能回到向财政部返还现金的轨道上。这涉及美联储如何赚钱为其运作提供资金，以及美联储为维持对短期利率的控制而支付的现金之间的关系。三年前开始的激进加息使美联储的账目严重亏损，而现在随着短期利率的下降，摩根士丹利认为美联储正逼近恢复盈利的临界点。摩根士丹利认为，美联储损益平衡的利率约为4.8%，"资产负债表的缩小加上较低的政策利率使美联储摆脱亏损。分析师称，美联储继续缩减债券持有规模以及进一步降息的前景，"意味着美联储将重新开始盈利"。美联储上周五公布2024年财务状况，报告显示，在2023年创纪录的赤字之后，美联储2024年综合净亏损总额为775亿美元，而2023年为1,146亿美元。美联储上一次实现盈利是在2022年。
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