U.S. banks face headwinds despite rising interest rates
March 17, 2022
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6:59Now PlayingU.S. banks face headwinds despite rising interest rates
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as posted by the channelU.S. banking stocks sank in the immediate aftermath of Russia’s invasion of Ukraine but have since regained some lost ground on expectations – now confirmed – the U.S. Federal Reserve would raise interest rates. Randy Watts of O’Neil Global Advisors explains why he thinks the outlook for the sector remains less than certain.
#Ukraine #Russia #RussiaUkraineWar #Business #News #Reuters
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