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WASHINGTON, Mar 13 — RIA Novosti. The US Federal Reserve will provide US banks with additional funds to ensure their financial stability, Treasury Secretary Janet Yellen and Fed Chair Jerome said in a joint statement. Powell and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Grunberg.
«The Federal Reserve Board … will make additional funding available to eligible lenders to help ensure banks are able to meet the needs of all their depositors,» the document says.