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A Huge Bombshell is About to Hit U S Banks in a Massive Way
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08/27/24
The aftermath of an aggressive tightening cycle, marked by historic interest rate hikes, is giving way to a new phase that could see the Federal Reserve resorting to rate cuts. However, conflicting signals and uncertainties surrounding the timing of these rate cuts are raising concerns among investors. Against this backdrop, the banking sector is grappling with significant risks, and it appears that a huge bombshell is about to hit US banks.
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