KRE Lost 36% in Five Weeks in 2023. Another Rate Hike Shock May be Coming

The Federal Reserve has raised interest rates again, renewing pressure on regional banks that retain vulnerabilities similar to those during the 2023 banking turmoil. The article notes that the SPDR S&P Regional Banking ETF (KRE) lost roughly one-third of its value over five weeks three years ago, signaling material downside risk for the sector if higher rates again expose balance-sheet and liquidity stresses.