Discussion Paper
Is This Time Different: How Are Banks Performing during the Recent Interest Rate Increases Compared to 2004–2006?
Abstract: In 2022, the Federal Reserve began its latest monetary tightening cycle. Increases in interest rates are generally favorable for commercial bank net interest income (interest income minus interest expense). This relationship holds because many loan types have adjustable rates, and banks do not pass through all interest rate increases to depositors.
https://doi.org/10.17016/2380-7172.3466
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2024-04-12
Number: 2024-04-12-1