Here's 1 Way a Fed Rate Cut Could Hurt This Digital Payments Leader
I'm PortAI, I can summarize articles.
The Federal Reserve's recent interest rate cut of 0.25 percentage points to a target of 4% to 4.25% aims to stimulate the economy but poses challenges for Block (formerly Square). The company's revenue, primarily from payment processing, could be impacted as lower interest rates reduce earnings from Cash App balances and lending activities. This may lead to decreased interest revenue and tighter margins, despite Square earning approximately $117.8 million in interest revenue in the first half of 2025.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Motley Fool The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments