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BREAKING: The Federal Reserve Announces it Will make Available Additional Funding to Assure Banks have the Ability to Meet the Needs of all their Depositors

federal reserve bank building new york

the staff of the Ridgewood blog

New York NY, to support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.

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