NYSE:PBBanks
Bank Stocks To Watch As Higher Rates Keep Pressure On Deposits
Fed Chair Kevin Warsh has kept interest rates on hold while hinting at a possible hike later this year, and that mix of caution and hawkish signals is putting extra focus on large U.S. banks and insurance stocks. With the FOMC now split on the next move and short term yields reacting to Warsh’s tone on inflation control, investors are reassessing which financial sector stocks might handle policy uncertainty more comfortably. This article looks at three stocks from our Financial Sector Stocks...