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Fed chair Jerome Powell says a recession is not inevitable, but bank executives disagree
The UK consumer price index has hit 9.4%, the highest rate seen since 1982
Profit declined by 28% for second quarter for America’s largest bank while earning was 12 cents short of most analyst expectations
Although short-term inflation expectations have increased, expectations for medium-term and longer-term inflation have declined
JD Power research finds consumers are unhappy with financial advice provided by banks as broader satisfaction declines
The bureau is collating research on key customer service metrics from large banks
The organization seeks to guarantee the “legally enshrined right” to adequate customer service
Market conditions are weakening despite consumer and business markets appearing solid, according to an ABA survey
Consumer survey shows that banks’ digital channels are not providing the level of service that their clients expect
A warning from the head of America’s largest bank, JPMorgan Chase
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