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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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https://www.stlouisfed.org/on-the-economy/2024/sep/higher-deposit-costs-continue-challenge-banks
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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.”