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From Debt to Deposits: How US Households Are Responding to Rates

Summary by rfi.global
Coming into 2025, many leading US banks and economic commentators expected interest rates to be chopped – a safe prediction as rates were trending downwards from an August peak of 5.33% to 4.48% in December. Instead, cuts were less substantial than anticipated, holding at 4.33% since January. Recent reports from the FED indicate that rates will hold until inflation is quashed. The tariff turmoil throws more uncertainty into the mix.     …

2 Articles

Center

The average profitability that the Spanish banks offer in the deposits to households adds ten months to the decline after the last data of May, published by the Banco de España (BdE), thus reflecting a trend that follows the wake of the interest rates of the European Central Bank (ECB).Now, the gazes seek to anticipate the next steps of the regulatory body and, under the global uncertainty and threat of tariffs by the United States, the market a…

·Madrid, Spain
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rfi.global broke the news in on Monday, July 7, 2025.
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