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Edward

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Edward

Re: NewJerichoMan post# 30

Wednesday, 01/06/2021 11:56:42 AM

Wednesday, January 06, 2021 11:56:42 AM

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That and the spike in interest rates today.

Banks benefit from higher interest rates. When interest rates are higher, banks make more money, by taking advantage of the difference between the interest banks pay to customers and the interest the bank can earn by investing.
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