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JPMorgan Chase reported higher profits Friday on the lift from elevated interest rates and higher fees as the bank's chief executive cautioned about
JPMorgan Chase reported higher profits Friday on the lift from elevated interest rates and higher fees as the bank’s chief executive cautioned about geopolitical uncertainty and the risk of persistent inflation. Profits were $13.4 billion, up six percent from the year-ago period. The bank expects the boost from higher interest rates on profits to erode […]
The post JPMorgan Chase reports higher profits, warns inflation could linger appeared first on Insider Paper.
https://insiderpaper.com/jpmorgan-chase-reports-higher-profits-warns-inflation-could-linger/
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