The Federal Reserve's recent announcement that historically low interest rates w

Authors

Carol Coultas

Source

Mainebiz

Date

8-22-2011

Pages

17

Abstract

The Federal Reserve's recent announcement that historically low interest rates will be maintained into 2013 will continue to make it difficult for banks in Maine and the rest of the U.S. to increase earnings. Loan demand is unlikely to pick up until the housing market improves. Includes summary of earnings for Maine's publicly traded banks as of June 30.

Recommended Citation

Coultas, Carol, "The Federal Reserve's recent announcement that historically low interest rates w" (2011). Maine News Index – MaineBiz. 5514.
https://digitalcommons.portlandlibrary.com/news_mainebiz/5514