Bank Stocks Could Get Long-Awaited Interest Rate Lift
February 23, 2023 at 09:20 AM EST
Financial services stocks, including bank shares, are among the equities most positively correlated to rising interest rates. However, the sector left investors disappointed last year, joining the broader market to the downside despite seven interest rate hikes by the Federal Reserve. Early in 2023, that scenario is changing for the better, as highlighted by the [...] The post Bank Stocks Could Get Long-Awaited Interest Rate Lift appeared first on ETF Trends .
