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Stock impact report

3 Financial Stocks to Grab on a Slowdown in 2025 Rate Cuts [Yahoo! Finance]

EZCORP, Inc. - Class A Non-Voting (EZPW) 
Last ezcorp, inc. - class a non-voting earnings: 2/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ezcorp.com
Company Research Source: Yahoo! Finance
In fact, if one is to go by the minutes from the FOMC's last meeting in January, any cuts, if at all, may come in the second half of 2025. Additionally, Fed Chair Jerome Powell said in his congressional testimony on Feb. 11, “If the economy remains strong and inflation does not continue to move sustainably toward 2 percent, we can maintain policy restraint for longer.” This strongly indicates that interest rates are not going to come down rapidly. In such an environment, stocks like Barclays PLC BCS, EZCORP, Inc. EZPW and United Fire Group, Inc. UFCS become viable investment options. When interest rates are relatively high, banks and other financial institutions generally see increased profitability due to increased lending rates. The gap between such lending rates is considered a long-term asset for banks. Also, short-term liabilities such as deposits increase and boost net interest margins. Bank stocks, insurance companies and other financial institutions go up with continuous Show less Read more
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