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Coronavirus Information Central

Well, this is random…

Coins are in short supply in Southwest Florida, and the U.S. and the central bank is working to fix the situation, Federal Reserve Chairman Jerome Powell said.

Speaking Wednesday before the House Financial Services Committee as part of broader testimony on the outlook for the economy and monetary policy, the Fed leader tied the coin shortage to the broader fate of the economy as businesses and consumers navigate the coronavirus pandemic.

The coronavirus pandemic has had many unforeseen effects on the country, and one which most people probably haven’t noticed is a coin shortage.The Federal Reserve says that due to the partial closure of the economy, the usual flow of coins essentially stopped. In other words, no one was spending their change. Fed Chair Jerome Powell says he’s working with the Mint and the reserve banks to move the supply to where it’s needed most.

Maybe look in the couches?? Under the car mat?