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LIBOR Liftoff

Dominick J. D’Eramo, CFA |
Wilmington Wire

September 14, 2016—LIBOR is a benchmark rate that some of the world’s leading banks charge each other for short-term loans. LIBOR rates can be an indicator of stress in the financial system. Recently three-month LIBOR reached its highest level in more than seven years.  Today, the elevation in LIBOR is being attributed to the pending