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Higher Deposit Costs Continue to Challenge Banks


Abstract: Though the Federal Reserve has begun its easing cycle, U.S. banks continue to face the impact of having to pay higher interest rates on their deposits, a key funding source.

Keywords: interest rates; deposit costs; banking;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2024-09-27

Note: This post is part of a series titled “Supervising Our Nation’s Financial Institutions.”