Budget Season & Loan Betas

Thom Back

Market Minute

October 17, 2018

In March 2018, Thom presented a Market Minute on deposit betas. Now that it’s budget season, he shifts his focus to loan betas. While Performance Trust is generally rate prediction-averse, it is important to make assumptions about loan rates. In the interest of building appropriate confidence for setting the budget, Thom takes a look back at what has happened to rates on new loans as the Prime rate has gone up.