Fed to Resume Penny Deposits Amid Shortage Relief Efforts
TL;DR
The U.S. penny shortage has led the Federal Reserve to resume accepting penny deposits at select locations, aiming to ease cash checkout issues, but this limited measure does not address the broader circulation and production problems, which remain unresolved since the last pennies were minted in November and production was halted last year.
Topics:businesseconomy#circulation-problem#coin-deposits#economy#federal-reserve#penny-shortage#retail-impact
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