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Major U.S. banks raise prime rates after Fed rate hike
December 17, 2015 by creative · Leave a Comment
(Reuters) – Major U.S. banks raised their prime rates, a benchmark for a wide range of consumer and commercial loans, for the first time since 2006 on Wednesday, following a rate hike from the Federal Reserve. Banks including Wells Fargo & Co , JPMorgan Chase & Co and Bank of America Corp raised their prime rates
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Major U.S. banks raise prime rates after Fed rate hike