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Domestic Deposit Levels at 50 Year Low

Domestically Chartered Commercial Bank Deposits US

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FinThink
Jun 10, 2023
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Let's Talk Economics!

Short and sweet, I found this interesting.
Domestic deposit levels are at their lowest point in the last 50 years.

Two main reasons: The National scare continues and traditional CD account returns are abusively low.

Due to talks of a looming recession, SVB collapsing being one of the first signs, and now Credit Suisse being acquired by…

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