Don’t Get Too Used to Higher Bank Deposit Rates - News Summed Up

Don’t Get Too Used to Higher Bank Deposit Rates


The “good times” for bank depositors may not last much longer. Investors increasingly think the Federal Reserve is on course to cut interest rates at least once this year. That makes it likely banks could start to reverse course on deposit rates, which while still low by historical standards have climbed over the past two years. Growth in...


Source: Wall Street Journal May 19, 2019 18:22 UTC



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