Here’s How US Banks are at Risk from Macro Uncertainty

August 24, 2016 6:25 PM

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Here’s How US Banks are at Risk from Macro Uncertainty

Probability of a rate hike in September meeting is 24%

The banking sector in the US has long been under the macro pressure, succumbing to external headwinds that have weighed down on profits. While most of the banks in the country saw recovery after the financial crisis, some believe the shares of these banks still have a long way to go.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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