As Potential Rate Cuts Loom, Banks’ Waiting Game Begins
An end to successive quarters of profit margin compression at local banks could be near, thanks to an expected interest rate cut that opens the door to reduced deposit expenses.
by Sam Minton | Jul 28, 2024
An end to successive quarters of profit margin compression at local banks could be near, thanks to an expected interest rate cut that opens the door to reduced deposit expenses.
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