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I see where you define formal vs informal. We consider formal dates as government-defined holidays. These could be the kinds of holidays where everyone stays home from work or perhaps are bank holidays but it is not required for a holiday to have these features to be considered formal.
Can we add some way to know if a holiday is also a US bank holiday (regardless of formal vs informal)? It would be helpful to identify bank holidays recognized by the Federal Reserve - https://www.chicagofed.org/utilities/about-us/bank-holidays
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