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Interest rate hikes & bank failures raises concerns about banking industry
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Bank Confidence Critical | Radio 570 WNAX
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Interest Rates Rise Again | Radio 570 WNAX
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SIOUX FALLS, S.D. – The Federal Reserve Board raised the prime interest rate another quarter point this week, moving it to five-point two five percent. South Dakota Bankers Association President Karl Adam says the increase was expected. Adam says the impacts from the rate hikes takes some time to take effect. The higher interest rates […]