[The Federal Reserve Ends Three-Year Loss Period, Returns to Profit in Early November] The Federal Reserve has reversed its three-year loss period, with data showing it returned to profitability starting in early November. The scale of deferred assets decreased from $243.8 billion on November 5 to $243.2 billion on November 26. Rate cuts have reduced the Federal Reserve's costs of paying banks to maintain the federal funds rate target range. After peaking at 5.25% to 5.5% in 2023, the Federal Reserve's federal funds rate is now maintained at 3.75% to 4%. Officials, concerned about labor market conditions, may consider further rate cuts in the future.