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U.S. banks face headwinds despite rising interest rates

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U.S. banking stocks sank in the immediate aftermath of Russia’s invasion of Ukraine but have since regained some lost ground on expectations – now confirmed – the U.S. Federal Reserve would raise interest rates. Randy Watts of O’Neil Global Advisors explains why he thinks the outlook for the sector remains less than certain.

#Ukraine #Russia #RussiaUkraineWar #Business #News #Reuters

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World
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