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How The Weak Loan Demand Is Affecting CD Rates

Tuesday, April 26, 2011 - 7:25 AM
As I mentioned in my weekly bank deals summary, the latest Q1 earnings reports from banks indicate low loan demand and growing deposit balances. This isn't good news for savers hoping for higher CD rates. This Bankrate article has a useful review of this with details on how banks acquire funds for their operations.
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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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