NYSE:CUBIBanks
Customers Bancorp (CUBI): Assessing Valuation After Fed Signals Possible Rate Cuts at Jackson Hole
Customers Bancorp (CUBI) just became the center of attention after Fed Chair Jerome Powell’s dovish tone at Jackson Hole. His remarks hinting at possible interest rate cuts caught investor ears, especially for regional banks like Customers Bancorp that often move in tandem with monetary policy shifts. With inflation risks easing and low unemployment giving the Fed some breathing room, the broader market’s optimism quickly translated to a spike in CUBI’s stock price.
This surge is not...