3 Bank Stocks With More Than 30% Growth in 2024: More Room to Run?

The U.S. economy got off to a good start in 2024, thanks to a robust labor market, increased consumer spending, technological advancements and optimism over potentially faster interest cuts by the Federal Reserve.However, as inflation was high and did not decline as anticipated, the euphoria surrounding interest rate reduction progressively waned. This led to uncertainty regarding the pace of rate cuts. Though the Fed has reduced interest rates by 100 basis points since September, it has hinted at fewer cut ...