It might be my suspicious mind but if interest rates go up, the bank gets a better opportunity to widen the gap between the cost of borrowing money & the interest rate they charge. Conversely, if interest rates go down it is more likely the banks' margin will be squeezed.
The other consideration is " if rates go up it will cause more home borrowers to default on their payments & other borrowers to struggle to manage payments resulting in an increase in bad debts".
In the current situation in Australia it would appear that there is more likely to be a rate reduction than an increase which could affect the banks' margins. That being the case, I suspect a fall in the share price will occur if interest rates are to come down.
Just my interpretation of the situation.
CBA Price at posting:
$144.03 Sentiment: Sell Disclosure: Held
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