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Every story is an economic story

Banks beat expectations, thanks in part to the Fed

It’s been a big day for big banks. JPMorgan Chase, Wells Fargo and Citigroup reported better-than-expected earnings for the latest quarter this morning. The banks all benefited from the Federal Reserve’s recent hikes in interest rates.  Click the above audio player to hear the full story.

It’s been a big day for big banks. JPMorgan Chase, Wells Fargo and Citigroup reported better-than-expected earnings for the latest quarter this morning. The banks all benefited from the Federal Reserve’s recent hikes in interest rates. 

Click the above audio player to hear the full story.

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