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Truist lowers prime lending rate in tandem with Fed’s rate cut

by
September 18, 2024
in Stock
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Truist lowers prime lending rate in tandem with Fed’s rate cut

(Reuters) – Truist Financial (NYSE:TFC) said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective Thursday, matching the U.S. Federal Reserve’s rate cut.

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