Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
JPMorgan Chase banking analyst Vivek Juneja said Friday that banks could feel the crunch from U.S. consumers - especially lower-income consumers - as the first quarter of 2025 wraps up in the next ...
Banks see cracks in the economy as consumers blink at inflation, tariffs
Overall, bank stocks have sold off about 15% from their recent peak in the face of jitters about an economic slowdown, as well as uncertainty about policies and their implications, he said. This is ...