Lower Rates Don't Benefit Banks

Tony Nash, CEO, Complete Intelligence

Morning Run · Market Watch · 12 Sept 2024 · 07:00 am · 13 mins listen

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

Categories:

markets,economy

Tags:

japanese equity market,fed fund rate cut,lower earning,bank

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