Premium Only Content

How have large US banks benefited from the Federal Reserve's rate rises? Benjamin Z Miller Answers
Large US banks have experienced a surge in profits due to the Federal Reserve's series of interest rate rises. JPMorgan Chase, Citigroup, and Wells Fargo collectively earned $49 billion in net interest income during the second quarter, benefiting from charging higher rates for loans.
This figure represents a 30% increase compared to the same period last year and demonstrates how these banks have capitalized on the tightening monetary policy. While the banks have raised loan rates, they have managed to avoid significant increases in deposit rates. However, the competition for deposits is expected to intensify as the interest rate environment evolves, potentially impacting net interest income in the future.
If you are trying to figure out how to profit from this, a good starting point would be to get more education. If you would like to learn more about investing and other related topics, just go to www.benjaminzmiller.com
Take action and register today for a better future!
https://www.meetup.com/benjamin-z-millers-investor-networking-group/
https://www.linkedin.com/events/6-30pmukeverysunday-benjaminzmi7018644896827781120/
If you learned something from this video, maybe share it with your friends. You might be able to help them also. I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
ben@benjaminzmiller.com
https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller
SOCIAL MEDIA:
https://www.linkedin.com/in/benmillersells/ https://www.instagram.com/benjaminzmiller/ www.twitter.com/BenjaminZMiller
https://www.tiktok.com/@benjaminzmiller
BENJAMIN Z MILLER’S OTHER GROUPS & MEETINGS (You are Invited)
(Multifamily Sunday Meeting at 1PM Pacific Time) https://www.linkedin.com/events/multifamilyinvestorgroupmeeting7038561468681728000/
(Investor Networking Group - Sunday at 6:30PM London Time - General Meeting)
https://www.meetup.com/benjamin-z-millers-investor-networking-group/
(Ukraine Networking Group) https://www.meetup.com/kiev-social-for-international-expatriates-and-ukrainians/
(Rebuild Ukraine - Reconstruction Bonds Thursday at 6:30PM UK London Time) https://www.linkedin.com/events/thursday-6-30pmuk-earningpassiv7018193682331754496/
(US Mortgage Investing - Thursday at 1PM UK time) https://www.linkedin.com/events/1pmuktime-passiveincomeforukinv7018178368969846786/
(Feedban News Reader - Thursday at 4PM UK time) https://www.linkedin.com/events/discoverfeedban-scutting-edgene7047964255236628480/
#financialmentor #mentoring #learntoinvest #investing101 #benjaminzmiller #investing #longtermwealth #passiveincome #findamentor #wealthmentor #federalreserve
-
2:34:02
Barry Cunningham
3 hours agoLISA COOK | ADAM SCHIFF | LETITIA JAMES | ARE THEY BEING SACRIFICED BY THE DEEP STATE?
32.7K20 -
LIVE
Flyover Conservatives
11 hours agoOnly 17% of Millennials Hit These 5 Adult Milestones—Why?; What If Childhood Trauma Is Behind Your Health Problems? - Dr. Troy Spurrill | FOC Show
374 watching -
HogansAlleyHero
13 hours ago💥CHASING DOPAMINE💥✅TRUMP SAYS BATTLEFIELD IS THE BEST✅
2.24K -
1:57:40
MattMorseTV
4 hours ago $6.49 earned🔴Trump just SHATTERED the PROJECTIONS.🔴
25.1K21 -
LIVE
megimu32
2 hours agoOTS: From Star Search to Superstardom
74 watching -
LIVE
Joker Effect
1 hour agoInterviewing GREENMAN! Looks like he is coming to Rumble! Let's give him a warm welcome! REAL TALENT
435 watching -
LIVE
Anthony Rogers
8 hours agoEpisode 380 - Is Pain All In Your Head?
42 watching -
1:46:17
Glenn Greenwald
6 hours agoGlenn Takes Your Questions on Censorship, Epstein, and More; DNC Rejects Embargo of Weapons to Israel with Journalist Dave Weigel | SYSTEM UPDATE #505
96K6 -
LIVE
Jokeuhl Gaming and Chat
7 hours agoHelldivers 2 - Spreading Democracy w/ Ryker
48 watching -
27:47
Stephen Gardner
2 hours ago🚨BREAKING: Trump FURIOUS Over Kamala’s Latest Move – SHOCKING Details!
7.41K44