BRIEF-Fitch Says U.S. Banks Improve Irr Management Well-Positioned For Anticipated Rate Cuts
BY Reuters | CORPORATE | 09/18/24 02:55 PM EDTSept 18 (Reuters) -
* FITCH: U.S. BANKS IMPROVE IRR MANAGEMENT; WELL-POSITIONED FOR ANTICIPATED RATE CUTS
* FITCH ON U.S. BANKS: SHORTER ASSET DURATIONS WILL LEAD TO FASTER REPRICING OF FIXED-RATE ASSETS, POTENTIALLY INCREASING NET INTEREST INCOME VOLATILITY
* FITCH ON US BANKS: EXPECT ACTIVE CASH FLOW HEDGING TO MITIGATE THIS IMPACT BY NARROWING DURATION GAP BETWEEN ASSETS & LIABILITIES Source text for Eikon: Further company coverage: [ ]