Page 2 - Policy Application News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Turkish experts warn of wildfires, extreme weather events if climate change not tackled.

And we talk about the banks being awash with cash. has a big part of that come off the back of the pandemic? when people were putting money away, basically? they weren't going on holidays, they weren't going out? this was certainly true, post—financial crisis, and the pandemic brought it back in spades. things were starting to normalise, and then, of course, during the pandemic, banks became again awash in deposits. and only once deposit rates started rising did we see that pattern reverse. consumer spending went up, but so did opportunities to invest your cash in more competitive vehicles. ...

The back of the pandemic? when people were putting money away, basically? they weren't going on holidays, they weren't going out? this was certainly true post—financial crisis and the pandemic brought it back in spades. things were starting to normalise and then, of course, during the pandemic, banks became again awash in deposits. and only once deposit rates started rising did we see that pattern reverse. consumer spending went up but so did opportunities to invest your cash in more competitive vehicles. when rates were really low, during covid or after the financial crisis, we didn't see a...

Money away, basically? they weren't going on holidays, they weren't going out? this was certainly true post—financial crisis, and the pandemic brought it back in spades. things were starting to normalise and then, of course, during the pandemic, banks became again awash in deposits. and only once deposit rates started rising did we see that pattern reverse. consumer spending went up, but so did opportunities to invest your cash in more competitive vehicles. when rates were really low, during covid or after the financial crisis, we didn't see a lot of opportunities for depositors to find bett...

To find better deals. all rates were low. and, matthew, let me end on this. i'm just wondering should central banks be doing more? can they do more perhaps to force banks to increase the rates for savers? i'm not going to make a policy application here but here's what i would say — is that savers have lots of opportunities besides the bank that they currently store their deposits with. so, if you look at the marketplace for transaction like deposit products, money market mutualfunds, cds, certain high yield savings accounts, they are offering very competitive rates. one of the reasons banks ...