RBC’s Gerard Cassidy on how the Fed's rate hike is impacting bank stocks - CNBC
Why now
Thesis: Fed rate hike pressures bank stocks via funding costs and credit concerns.
Catalyst to watch: Fed guidance or bank earnings reports.
Main risk: Credit deterioration outweighs margin benefits.
Why it matters
A Fed rate hike pressures bank stocks via funding costs and credit concerns despite potential margin benefit.
Related assets & topics
Federal ReserveBanksSPDR S&P Bank ETF · KBERegional Banks ETF · KREInterest RatesSources
- googlenews · news.google.com · 2026-09-18 19:48 UTC
- googlenews · news.google.com · 2026-09-18 19:48 UTC