US banks say consumers are ‘healthy’ despite economic uncertainty

The economy is still humming, tariffs and all, say top banks

Getty ImagesJPMorgan and Citi reported strong consumer spending and borrowing despite economic uncertainty.Investment banking activity also rebounded as companies shrugged off tariff concerns.The data surprised Wall Street watchers, but the economy is not out of the woods yet.The labor market is rocky, costs are climbing, and uncertainty hangs over the economy. Yet consumers and businesses are showing few signs of strain — at least according to …

US banks say consumers are ‘healthy’ despite economic uncertainty

JPMorgan Chase and Citigroup strike an upbeat tone on the economy and notch up strong trading results

Large US banks say consumer finances are healthy despite tariffs

US banks see lower recession risk despite tariff fog

Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.

US banks JPMorgan and Citigroup see lower recession risk despite tariff fog

Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.