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Deposit rates poised for reversal

Monday, May 20, 2019   (0 Comments)
Posted by: Amanda Averch
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Deposit rates could decline if the Federal Reserve lowers interest rates this year, though reduced interest rates would be good news for borrowers, says David Turner, chief financial officer at Regions Financial. Competitive pressure has eased in deposit pricing, slowing movement, says Darren King, chief financial officer at M&T Bank.

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