ilmscore | Net Interest Margins Predictions
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Net Interest Margins

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In 2024, despite the Federal Reserve lowering the federal funds rate, mortgage rates increased. This led to an expansion of net interest margins for banks, contributing to record profits for institutions like JP Morgan Chase in 2024.
"the Federal Reserve Bank cut interest rates multiple times but in 2024 we also saw mortgage rates go..."
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Jan 21, 2025
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