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Shares of Several Banks and Financial Services Companies Are Trading Lower Following Greater-than-expected August CPI Data, Which Could Lead to Further Fed Rate Hikes. A Rise in Short-term Yields Has Pressured Lenders.

Benzinga ·  Sep 13, 2022 14:38
Shares of several banks and financial services companies are trading lower following greater-than-expected August CPI data, which could lead to further Fed rate hikes. A rise in short-term yields has pressured lenders.
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