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USB or JPMorgan: Morgan Stanley Chooses the Superior Banking Stock to Buy in a Lower Rates Environment

By Yahoo! Finance   |   Oct 3, 2024 at 06:35 AM EST
USB or JPMorgan: Morgan Stanley Chooses the Superior Banking Stock to Buy in a Lower Rates Environment

The Federal Reserve recently cut interest rates by 50 basis points, exceeding expectations. Morgan Stanley expert Betsy Graseck predicts further rate cuts, affecting US banks. Graseck highlights US Bancorp as a top pick for NIM expansion and upgrades it to a Buy.

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