Fed wants banks' help with cash - handling

US - The Federal Reserve says its resources are increasingly taxed by banks' growing habit of placing currency on deposit with the central bank, and it plans to call on bankers to figure out a solution to the problem.

Since banks are able to earn money on the currency they deposit with the Fed - either by lending it to another financial institution overnight, or by investing it in an interest-bearing way - it may be difficult for the Fed to persuade them that they should keep the currency on hand

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