Banks have more to lose from a decline in economic activity with higher-interest, commercial loans being defaulted on, than from slightly above average inflati

Banks have more to lose from a decline in economic activity with higher-interest, commercial loans being defaulted on, than from slightly above average inflation if that ever occurs. In my opinion, it's more important to focus on the factors causing inflation, rather than using inflation-as-a-metric by itself; e.g. banks would benefit from economic growth which leads to inflation.