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That could take a long time. Banks are only going to raise the rates when they want/need more deposits. Right now the excess reserves are near all time highs. S
by rybosworld 4y ago
That could take a long time. Banks are only going to raise the rates when they want/need more deposits. Right now the excess reserves are near all time highs. So banks already have more liquidity than they know what to do with.
- skrbjc 4y agoAnd with rising interest rates, more and more will be priced out of the housing market, meaning lending will fall, which is one of the biggest reasons banks need cash in the first place.