Olson on bank challenges with low interest rates

- Central Banking staff
- 27 Jun 2003

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In a speech on 'Bank Management Challenges in a Low-interest-rate Environment' Mark Olson of the Federal Reserve said the most pronounced effect of the current climate has not been prominent in the headlines but is well known to the industry. We have seen remarkable and sustained growth in core deposits, especially money market deposit accounts (MMDAs) and savings accounts.

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Remarks by Governor Mark W. Olson at

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