DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/k9t566/likely_scenarios) has announced the addition of the "Likely Scenarios of Rising Deposit Rates in 2014 and Beyond" report to their offering.
Likely Scenarios of Rising Deposit Rates in 2014 and Beyond, provides an analysis of what deposit rates for CDs, savings accounts, money market, and checking accounts are likely to look like in the 2014.
This latest report reveals how deposit rates are likely to trend based on historical data from the last rising rate environment between July 2003 and July 2007. The predictive report can be invaluable to bank marketing executives and senior staff at banks and credit unions who need to plan their rate increases and budget for future interest expenses.
As the economy continues to improve, there is no question that bank deposit rates will begin to rise,- said Dr. Dan Geller, Executive Vice President of Market Rates Insight and author of the study. The real question is when will they rise and to what degree? No one has a crystal ball, but we do have historical data that accurately shows how deposit rates perform during the last rising economic cycle. Scrutinizing past performance can be a very reliable indicator of what lies ahead for deposit rates.
Trends revealed in the report include:
- The impact of 3-month and 6-month LIBOR rates on deposit products.
- The average increase of deposit product rates on a month-to-month basis.
- The projected performance curve of term accounts and liquid accounts.
- The increase in interest expenses for banks and credit unions for consumer deposits.
Key Topics Covered:
This analysis contains the average rate of seven different deposit-product categories matching product balances provided by the FDIC for regular non-jumbo accounts as follows:
- Brief-term CD (3 months or less)
- Short-term CDs (3 months to 1 year)
- Mid-term CDs (1 to 3 years)
- Long-term CDs (Over 3 years)
Each product is analyzed as follows:
1. Predictors of rising rates per product
2. Percentile rate change per product
3. Scenarios of rising rates from current level
4. Elasticity analysis per product
5. Distribution of product balances
For more information visit http://www.researchandmarkets.com/research/k9t566/likely_scenarios
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.