American and European banks are believed the owners of the Fed, but the 300 or so individual shareholders is not and only speculation. The Fed has no government oversight and it's books are closed to auditors. Only insiders know what goes on at the Fed.
Profit? Really, the Fed doesn't even print paper anymore it is all electronic data entry. Money created out of thin air, backed by nothing (well backed by debt) used by our government, paid back by taxpayers (interest only)), sounds like a recipe for profit to me.