Even With Fed Rate Pause, FIs Will Keep Jockeying On Deposit Prices

11/02/23 • 10 min

Adam Stockton, head of retail deposits and lending at Curinos, offers his take on what the Fed hold steady on rates means and he points out where some institutions are finding opportunities in today's difficult environment.
Read the Curinos Perspective: https://curinos.com/our-insights/curinos-perspective-fed-holds-rates-steady-again-home-lending-pressures-continue/

Rate and subscribe! | Learn more at curinos.com | Questions or feedback? Email us at [email protected]

11/02/23 • 10 min

Curinos (F)insights - Even With Fed Rate Pause, FIs Will Keep Jockeying On Deposit Prices

Transcript

Rutger Van Faassen: As expected, the FOMC maintained the Federal Funds rate at a target range of 5.25% to 5.5% at its November meeting, remaining unchanged from the previous September pause. Here today to discuss the implications for the banking industry is Adam Stockton, who's managing director of retail deposits and lending here at Curinos. Adam, let's start with the deposit side. With the Fed holding steady on their short-term rates, what does that mean for deposit rates being paid

Generate a badge

Get a badge for your website that links back to this episode

Select type & size

Copy