Shares of City Holding rallied for the seventh straight trading session and hit a 52-week high of $119.99 per share. Encouraging inflation numbers and cooling employment data have increased the chances of the Federal Reserve cutting the rates as early as during the September FOMC meeting. This is a positive development for banks that are reeling under the Fed's aggressive monetary tightening. As the rates come down, so will banks' funding costs. Also, demand for loans is expected to improve. Hence, the inve ...