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The Fed is finally cutting rates, but banks aren’t in the clear just yet - NBC Philadelphia
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
By: NBC 10 Philadelphia
- Oct 12 2024
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- Falling interest rates are usually good news for banks, especially when the cuts aren't a harbinger of recession.
- But the ride probably won't be a smooth one: Persistent concerns over… [+4401 chars]
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