Traders, who as recently as late September were fully pricing in another Fed rate cut by March, scrapped wagers that there will be one until the second half of the year. Separate data Tuesday showed job openings rose to a six-month high in November, boosted by a jump in business services — while other industries showed more mixed demand for workers.
How to calculate net interest margin?
NIM measures a bank’s profitability from interest activities. It’s influenced by interest rates, loan quality, and asset mix, and can be improved by optimizing lending