October 22, 2024
Fortune recently published an article featuring Mark Williams, Master Lecturer in Finance, discussing Q3 investment banking trends.
According to the Bank of America, CFOs are gaining more flexibility to focus on long-term goals following recent interest rate cuts. Additionally, recent economic indicators, such as a strong jobs report and stabilized inflation, have influenced market expectations for potential future rate cuts by the Federal Reserve.
“A higher but stable interest rate environment provides more certainty, allowing business the ability to do more long-term strategic planning. That’s probably why you’re seeing more investment banking activity as well,” Williams adds.
Following a recent 50-basis point rate cut by the Fed, predictions suggest potential further reductions in upcoming meetings, contributing to a more stable economic climate.
