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The Daily Hodl 2023-06-04 17:46:32

$86,580,000,000 Enters US Banking System in One Week As Deposit Flight Reverses

New weekly numbers on US deposits are in, showing Americans are now increasing the amount of cash they’re holding in the traditional banking system. In the last week, depositors collectively added $86.58 billion, according to new numbers from the Federal Reserve Economic Data (FRED) system. That’s a significant shift over the prior week, when depositors The post $86,580,000,000 Enters US Banking System in One Week As Deposit Flight Reverses appeared first on The Daily Hodl .

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