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$Bank of America (BAC.US)$ rising interest rates should be g...

$Bank of America (BAC.US)$ rising interest rates should be good for banks. No?
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  • 102543292 : Who told u this? Suggest read its financial report

  • Subi Dubi : You're right, but you're not entirely right, and one of the prerequisites here is that stagflation cannot happen if the economy is to develop. The rise in bank interest rates may bring additional interest income, but poor economic prospects and high borrowing costs may lead to a contraction in the amount of loans. This is why interest rate increases do not necessarily lead to income growth, or banks may not necessarily make immediate gains.

  • moomoo13妹 Subi Dubi : Thanks for the answer.

  • SSNM : The current adjustment may be verified in a few months' time. Also discussing when is the best time.[undefined][undefined]

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