BVTV: Banks' rate-cut paradox | REUTERS

From Breakingviews: Lenders like BNP Paribas benefitted from rising interest rates, so it's perhaps odd that the group now seems happy about cuts. As Liam Proud explains, it makes sense: loans will keep repricing higher while deposits could get cheaper.
#breakingviews #bnpparibas #banks #ratecut #News #Reuters #Newsfeed
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