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Archive Home > 2010 > February > 19 > Fed move may signal end to easy profits for banks

Fed move may signal end to easy profits for banks

By Graham Bowley and Eric Dash / The Bulletin
February 19, 2010

Federal Reserve to Wall Street: The days of easy money — and, just maybe, easy profits — are numbered.

News on Thursday that the Fed would raise the interest rate that it charges banks for temporary loans was seen by lenders as a sign that their long, profitable period of ultra-low rates was....

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