Fed will help banks get cash in hurricane affected areas, Powell says

By The Hill | Created at 2024-09-30 20:03:34 | Updated at 2024-10-07 14:30:33 6 days ago
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Federal Reserve Chair Jerome Powell said Monday the Fed can help regional and local banks in hurricane-affected areas of the country make sure they have enough cash on hand for their customers during the ongoing emergency. “We have the ability through the reserve banks to make sure that the banks have available cash so that…
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