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Huntington's Q1 profit rises as Fed rate cuts temper deposit costs

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    Posted by Two Blokes Apr 17 - Filed in General - #TwoBlokesTrading  - 5 views
    Huntington Bancshares reported a rise in its first-quarter profit on Thursday, helped by higher interest income due to multiple rate cuts by the U.S. Federal Reserve at the end of last year that lowered deposit costs and helped loan growth.