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REPORT ABUSIVE REPLY
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Message Subject
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Interest Rate Hike Tomorrow?
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Poster Handle
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Anonymous Coward |
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Post Content
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The only thing I could think of to set off a rise in interest rates would be some kind of domino reaction in derivatives disney land. Maybe related to interest rate derivatives?
If the banks figure they might lose on interest rate bets they made, I suppose it's possible they would raise rates. But honestly, I can't think of any other reason they would do that.
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Quoting: Anonymous Coward 961432 I can. To attract longer term deposit money a bank would raise it's savings rate on CDs or money market accounts. They must already be experiencing a silent bank run. They only keep so much cash on hand.
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