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Banks continued to diverge on deposit and loan rates on November 5. Several large banks added up to 2 percentage points in promotional bonuses, lifting some deposit rates to about 8.7% per year, while more than 20 banks announced loan rate cuts of 0.5 to 2 percentage points.
Lower lending rates can encourage borrowing by feed producers and livestock farms, while promotional deposit rates draw savings away from other assets.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.