While we expect one more interest rate hike this year given Fed Chairwoman Janet Yellen's most recent comments at Jackson Hole, financials may benefit from
widening net interest margins (the spread between what banks make on loans and what they pay for deposits.)
Not exact matches
When
interest rates edge higher, the spread between income from loans and payments on deposits typically
widens, which can help increase bank profitability through higher
net interest margins (NIMs).