It makes sense to me because banks make more money on loans when the interest rate is higher, so they would be more willing to give loans out. Under 0% Fed fund

It makes sense to me because banks make more money on loans when the interest rate is higher, so they would be more willing to give loans out. Under 0% Fed fund rate conditions, if inflation hits any kind of stride, it can be disastrous for lenders who now hold diminishing assets.