The following is an excerpt from the Federal Reserve website, released September 21, 2016: "..........the Committee decided to maintain the target range for the federal funds rate at to percent. The Committee judges that a case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives". Explain what would be the immediate effect on a bank income if its gap analysis yields a GAP = - $500 million. What would happen to the bank income if the increase in the federal funds rate finally materializes?