Many banks started offering these accounts—which often paid interest rates of at least 2%—in the past couple of years to attract depositors.
But some of those lenders, including PNC Financial Services Group Inc., Citizens Financial Group Inc. and CIT Group Inc., have recently started trimming their deposit rates.
A global financial tsunami is approaching the world and everyone but the architects will suffer from it's wrath
Punishing savers and rewarding debtors. 😑😒
Time for a run on the banks bankrun
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