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Episode 233: U.S. banks looking to lower CD rates!
10 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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