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Use the article A Surprising Shakeout Among Banks as Rates Rise - WSJ20171101 to answer the following questions: Question : If the Federal Reserve raises
Use the article A Surprising Shakeout Among Banks as Rates Rise - WSJ20171101 to answer the following questions:
Question : If the Federal Reserve raises interest rates by 1% at its next meeting then:
A) New York Community Bank should raise deposit rates by about 36%
B) JP Morgan Chase should raise deposit rates by 0.18%
C) Bank of America should raise deposit rates by 0.09%
D) Comerica should raise deposit rates by 0.14%
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