Shares of banks and financial services companies are trading higher on continued hopes of a peaking labor market and potentially slowed inflation following Friday economic data. Softer inflation could lead to less aggressive Fed monetary policy and positively impact lending.
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Shares of banks and financial services companies are trading higher on continued hopes of a peaking labor market and potentially slowed inflation following Friday economic data. Softer inflation could lead to less aggressive Fed monetary policy and positively impact lending.
