JP Morgan reported $13.15 billion in profit last week

Revenue and margins are both expected to decline throughout the banking sector

Interest rates for credit card holders have climbed to a record high of more than 20%

The group of associations also asked for the Fed not to sell its mortgage securities holdings

The ten-year treasury yield has reached 4.8% to levels not seen in 15 years

The losses are already the fastest pace in decades and comes even while the economy is relatively stable

The United States seems to be in better shape relative to the rest of the world

There is risk around the massive flaws inherent in banks’ complex tech stacks

Trade body and thinktank criticize central bank digital currencies before the Subcommittee on Digital Assets, Financial Technology and Inclusion

ISG says more banks are leveraging technology to deliver optimized user experiences