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Crain's Cleveland Business Quotes Pat Oliver on Interest Rates

November 2019
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On November 10, Crain's Cleveland Business quoted Pat Oliver on bank interest rates.

"This is a bit of a cat-and-mouse game," Pat said. "The banks need new deposits to fund their loan pipelines, but on the other hand, they don't want to give money away needlessly in a low interest rate environment. I think many of them had guessed that the Fed would continue down the path of small interest rate increases this year. The fact that things have gone in the other direction has given them some pause as they look at their budgets and financial projections."

Read the article here.

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