Thursday, February 15, 2018

Big banks got huge tax cuts, then hiked cities' interest rates

As U.S. banks got billions in extra profits from the tax law, they quietly delivered unwelcome news to local governments: The interest rates on their loans were about to go up.

from nicholemhearn digest http://www.chicagobusiness.com/article/20180215/NEWS02/180219927/big-banks-got-huge-tax-cuts-then-hiked-cities-interest-rates?utm_source=NEWS02&utm_medium=rss&utm_campaign=chicagobusiness

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