Allison Prang
speaker
165 appearances
4 recordings
1 series
first heard Oct 2018
last heard Mar 2021
Allison Prang’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
But then they ultimately also, in theory, end up paying more to their depositors.
So, you know, banks are always trying to balance that their their profit margins in that respect, what they're paying out of interest versus what they're bringing in.
And the Fed.
So, yeah, exactly what the Fed does down the line is could potentially impact this multiple.
This one analyst I talked to, Matthew Breeze, one of the things he says was if the Fed cuts rates this year, you know, banks, he doesn't think banks are going to wait essentially to, you know, try to cut those deposit costs.
You know, it's just better generally for profit, just factually speaking.
Yeah, exactly.
Or that's in theory what would happen with that.
You know, if banks are trying to lower their deposit costs, they're trying to, you know, they're in theory they could cut the rates they're paying on deposits.
There's this other kind of more complicated thing happening and happening in the industry that, you know, banks with all the deposits they have, they're just seeing more customers move their money around.
into accounts that pay interest instead of non-interest bearing accounts.
So, you know, that's going to drive up what they're paying in deposits to overall.
But yeah, you could potentially see, I think, if the Fed does end up cutting rates that, you know, people are going to hop to, banks are going to hop to, to also try to cut, you know, the amount of money they're paying out for interest.
Yeah, what's really interesting with this is that, yeah, we talk about, you know, that rates have been increasing generally and whatnot.
And, you know, this is obviously with the backdrop of the Fed increasing their federal funds rate.
But yeah, exactly.
Historically, these are still not super impressive rates for people.
You know, if you've been through an old rate hike cycle, you're probably not super impressed by the fact that, you know, rates are where they are today.
Everything's relative to history with this.
Totally, totally.
Showing 101–120 of 165 · page 6 of 9
← Previous
Next →