It may seem like many U.S. banks are towing the line on rates so far, but Curinos data show that they are actually already on the move.
On the average day in May 2022…
banks changed rates
This adds up to...
banks changing rates each week
individual product rates changed. That is
0 x more
than the average daily changes in 2021
rates changing each week
Source: Curinos Standard Rate Data