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The Daily Hodl 2023-07-02 20:00:08

$46,950,000,000 Enters US Banking System in One Week As Banks Deploy ‘Expensive Fix’ For Deposit Flight

Nearly $47 billion has entered the US banking system in just one week as banks deploy new strategies to bring customers back. Depositors added exactly $46.95 billion to American bank accounts in the week ending June 21st, according to new stats compiled by the Federal Reserve Economic Data (FRED) system. The multibillion-dollar jump is thanks, in The post $46,950,000,000 Enters US Banking System in One Week As Banks Deploy ‘Expensive Fix’ For Deposit Flight appeared first on The Daily Hodl .

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