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Talks of a possible recession continue to make headlines.
More than two-thirds of economists at 23 large financial institutions predict the
U.S. will have a recession in 2023. Financial institutions should prepare themselves now to face a downturn ahead. Part of this preparation should be to build and execute a deposit pricing strategy.
For almost 15 years, financial institutions have kept their deposit rates low or nonexistent, instead focusing on...
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