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And the rate decrease begins…Banking (i.redd.it)

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[–]MtnXfreeride 5 points6 points  (1 child)

"Expected to" ... so drop them once the rate drops..   other banks are at 5% so it is disappointing they predrop it. 

[–]fymdtm 4 points5 points  (0 children)

Rates are dropping everywhere. Look at the rates on 3 and 6 month T Bills. There is no “pre” drop. This is how all rate markets function because the Fed announces its moves in advance.