Big U.S. lenders reap benefits of higher rates, but savers not so much
16 Jan Big U.S. lenders reap benefits of higher rates, but savers not so much
Posted at 05:01h
in
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by KMFSLLP
NEW YORK, Jan 17 (Reuters) – The U.S. Federal Reserve began
steadily raising interest rates one year ago, offering a
long-awaited tailwind for bank earnings because lenders can
charge borrowers more for loans.
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