“we should expect the volume, the balances, the loans to growth rate to moderate a bit further in the balance of the year, although it will remain in double-digit.”

In context

“cadence or run rate is actually not moving that much and remains like very high. Operator: Thank you. The next question is coming from Moshe Orenbuch of TD Cowen. Please go ahead. Moshe Orenbuch: Great. Thanks. And is there, Kartik, as you look at the net interest income, that did decelerate about six points in the quarter from the first quarter level, but still the growth rate of NII is still well above the growth rate in loans. As you kind of approach the end of the year, do you think that those two kind of converge or will there be margin pressure? And could that net interest income growth be lower than the growth in balances by then? Christophe Le Caillec: Yeah . Thank you for your question, Moshe. There are a couple of things to keep in mind here. The first one is that, as I've said, we should expect the volume, the balances, the loans to growth rate to moderate a bit further in the balance of the year, although it will remain in double-digit. From a yield standpoint, we have a slide that shows the yield. We had a bit of a yield improvement on the back of, I would say a few things, year-over-year yield improvement on the back of their revolve rates are a bit higher and they keep ticking up a little bit. And the second thing is and as we covered during the Investor Day on the funding side, we still have this dynamic around a bigger share of our funding mix going to high yield savings accounts, which for us is an effective funding channel. And so that dynamic is still going to play out in the balance of the year. And so you should expect to see the NII growth rate kind of like moderate a bit in the balance of the year. Operator: Thank you. Our final question will be coming from Mihir Bhatia of Bank of America. Please go ahead. Mi”