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…
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