The U.S. Federal Reserve (Fed) has started its interest rate cut cycle with a 50 bps cut, with more expected on the way. This makes borrowing costs cheaper. Affirm benefits directly as it reduces its ...
ABN AMRO is a Dutch bank, deriving 73% of its H1 2024 operating income from net interest income. The company has outperformed the iShares MSCI Europe Financials ETF in 2024 but faces profitability ...