Are Banks More Profitable When Interest Rates Are High Or Low?


from the St Louis Fed

-- this post authored by David Wheelock

We tend to think that banks prefer high interest rates, and certainly their revenues are likely higher when interest rates on loans and other investments are higher. However, banks must fund their investments, and bank funding costs are also generally higher when market rates are high.

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What We Read Today 23 May 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Infographic Of The Day: Invest Now To Keep Pace With Public Sector Data

What innovations and improvements are coming from US Census?

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Infographic Of The Day: Invest Now To Keep Pace With Public Sector Data

What innovations and improvements are coming from US Census?

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Video of the Day:

“Space Story: A Bad Day” is a wonderful mashup of scenes from 25 different space and science fiction movies that is entertaining to watch. The video was created by Luc Bergeron and he did a great job of editing all the scenes together to make this video. See how many of the movies you recognize by seeing the complete list at the end of the video. If you want to see another great video from Zapatou watch Best of Web 2015.

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 more investing, markets, precious metals & forex

The Real Reason Warren Buffett Knew He Couldn't Lose His Million-Dollar Bet

 more opinion

Brexit Would Be Death Knell For British Influence In The World

from The Conversation

-- this post authored by Catherine Gegout, University of Nottingham

David Cameron warned in a major foreign policy speech on May 9 that peace and stability cannot be assured in Europe if the UK leaves the European Union. The prime minister is right: the EU is a guarantee for peace in Europe.

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 USA economy at a glance (boxed items are updates in last 7 days)

May 2016 Chemical Activity Barometer Accelerated for Third Consecutive Month.

from the American Chemistry Council

The Chemical Activity Barometer (CAB) expanded 1.0 percent in May following a revised 0.8 percent increase in April and 0.1 percent increase in March. All data is measured on a three-month moving average (3MMA).

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