Episode 233: U.S. banks looking to lower CD rates!

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11 months ago
8
Podcasts Education CD rates bank deposits bank deposit rates bank rates Fed rate reduction margin compression bank earnings

This episode examines several articles from S&P Global (subscription required) looking at recent growth in bank deposits and banks interest in lowering CD rates as the Fed has moved into an interest rate reduction cycle. Banks would like to quickly reduce CD rates to lower their cost of funds. However, will consumers go along with this?

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