Federal Reserve Bank of NY Study: Puerto Rico’s Financial Markets Held Strong After Hurricanes Irma & Maria

With Puerto Rico and smaller islands in the Caribbean archipelago shrouded in darkness for months, the Milky Way (our home galaxy) remained visible on cloudless nights for almost a year.

In November, the Federal Reserve Bank of New York published a report on how severe weather affected financial markets in Puerto Rico. Nine people contributed to the study, published in the fall, outlining Puerto Rico’s economic conditions before and after a destructive Atlantic Hurricane season in 2017.

Federal Reserve Bank of New York Case Study

The Fede…