BAC · News · 20260917N

Interest Rate Environment

BANK OF AMERICA CORP /DE/ · 2026-09-17 · Importance 34 · Surprise 42

The Federal Reserve raised interest rates for the first time in three years on September 17, 2026. The move could increase Bank of America’s net interest income potential through higher asset yields. It may also pressure deposit costs and customer funding as banks compete for deposits, creating mixed earnings effects for BAC.

Key facts

• The Fed hiked rates for the first time in three years, which the digest states "raises NII potential but pressures deposits" for JPM, BAC, C, WFC and KEY. source