Lower Rates Don't Benefit Banks
Tony Nash, CEO, Complete Intelligence
12-Sep-24 07:00
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JP Morgan and Goldman Sachs have warned of lower earnings. We ask Tony Nash, CEO, Complete Intelligence why and how this is correlated to the Fed Fund rate cut. We also look at the recent appreciation of the Yen and does this mean the end of the Japanese equity rally.
Image Credit: shutterstock.com
Produced by: Jake Lim
Presented by: Wong Shou Ning, Shazana Mokhtar
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Tags: japanese equity market, fed fund rate cut, lower earning, bank,