One industry that is most sensitive to rate changes is banking stocks, and one bank ready to take advantage is U.S. Bancorp (NYSE: USB). Inflationary pressure can be linked to the massive fiscal stimulus by governments to address the COVID-19 pandemic, supply chain issues, geopolitical uncertainty, and rising energy prices. Rising interest rates coupled with the bank's strong commercial loan growth, whose balances were up 10.5% from last year, should serve as a tailwind to U.S. Bancorp's business.