Rising interest rates have boosted bank earnings for several years, but those days are over. Federal Reserve Chairman Jerome Powell signaled recently that the central bank is ready to cut rates.
Big banks start reporting second-quarter earnings Monday, and investors will be closely watching for signs of how much...
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Rates barely move anything. The huge tax on imports is a bigger issue.
Be careful! Elizabeth warren is watching
But here, in Europe, the ecb is stifling the banks with negative rates. And, at the same time, the ecb urges them to lend more.