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Bank stocks shouldn’t fear Fed’s Powell: Sector Watch

Feb. 21, 2021 9:35 PM ETSPDR® S&P Bank ETF (KBE)BAC, JPM, C, WFC, KBEBy: Kim Khan, SA News Editor17 Comments

Bank stocks enjoyed a good holiday-shortened week, with the SPDR S&P Bank ETF (NYSEARCA:KBE) rising 4% as interest rates continued their rise.

Federal Reserve Chairman Jay Powell will appear for what used to be called the Humphrey-Hawkins testimony on Tuesday, starting with

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