The market has spoken, and the Fed has signaled a pivot. At least for now. The recent bond market rally and expected 2024 Fed cuts mean that the peak in deposit competition for this cycle is likely behind us. Now the question is, what lies ahead on the other side? The yield curve remains inverted and margin pressure is not going away in the short run. In fact, deposit rates lag on the way down just as they do on the way up. What will be your plan?
Join DCG Managing Directors Joe Kennerson and Billy Guthrie as they explore the 2024 deposit strategy outlook. They will assess near-term strategies as big waves of CD maturities cycle through, and non-maturity attrition is likely to continue in Q1. They will then provide a Fed Easing strategy playbook to ensure a proactive game plan. Basis points are most certainly up for grabs on funding costs.
In addition to getting an inside look at current trends and our Deposits360°® forecast, highlights of the webinar will include: