With the Fed cutting rates in September, banks are eagerly awaiting a reprieve in funding costs. But bringing down rates following a Fed cut comes with tactical challenges and opportunities. In prior cycles, deposit costs have proved stubbornly slow to come down. And while banks are eager to recoup some of the net interest income that’s been squeezed out, doing so entails risks because the moments when rates change tend to go hand-in-hand with heightened money in motion. In short, how banks manage the early stages of a falling rate cycle has a big impact on how quickly they’re able to recognize benefits.
In this seminar, Curinos experts outline specific strategies for optimizing beta pass-through as the Fed starts to cut rates, as well as specific pitfalls to avoid. Topics include:
- Examining lessons from the last falling rate cycle
- Identifying the headwinds to pass-through
- Keys to success: How to win the cycle
Hosts:
- Peter Serene, Managing Director
- Bob Warnock, Managing Director
