Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer

from english.elpais.com 4 months ago

JPMorgan Chase said Friday that its profits dropped 15% in the fourth quarter, despite the bank reporting record quarterly revenue.
english.elpais.comhttps://english.elpais.com/economy-and-business/2024-01-12/bank-profits-mostly-fall-in-fourth-quarter-but-banks-remain-upbeat-on-economy-and-consumer.html

The U.S. economy continues to be resilient, with consumers still spending, and markets currently expect a soft landing, said Jamie Dimon, JPMorgan's CEO and chairman.
english.elpais.comhttps://english.elpais.com/economy-and-business/2024-01-12/bank-profits-mostly-fall-in-fourth-quarter-but-banks-remain-upbeat-on-economy-and-consumer.html

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#banking-industry #profits #interest-rates #job-market #consumer-spending

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Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumerBank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer Briefly

Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer
Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer
Briefly