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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
