The interest rate cut has a different impact on national banking

The decision of the Federal Reserve (Fed) to lower interest rates by half a percentage point, thus matching the scope of the two previous cuts made by the European Central Bank (ECB) since last June, is confirmation that the two most relevant areas of advanced economies have begun to return the price of money to normality and this will certainly have an impact on the activity of the international financial sector, but also on Spanish banks.

The interest rate cut will have an impact different consequences on national banking depends, first of all, on them geographic diversification and, also, from how their credit is distributed between fixed and variable.

Both of them Santander City