Better times ahead for banks' net interest income growth: RBC Capital Markets' Gerard Cassidy

Well, joining us now is Gerard Cassidy, RBC Capital Markets co-head of global financials research. Gerard, it's great to have you on just this move we've seen in financials. Does it make sense to you.Absolutely, Morgan. Um, if the Fed actually does start cutting interest rates as early as September or continue cutting rates, that is likely going to lead to a steeper yield curve and that's very positive for net interest income for the banks. So I think the move today because of what chairman pal was saying o ...