JPMorgan keeping a watchful eye on consumer health, executive says - Reuters
JPMorgan keeping a watchful eye on consumer health, executive says Reuters
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"You're not seeing anything right now, but you are being very, very watchful. If inflation were to be higher for longer, this sort of trend of wages keeping up with inflation could be at some risk."
— Marianne Lake , Executive
"For the lower-income customer, somewhere between 20% and 25% of that incremental money as a result of higher tax refunds has been spent through the first two months of higher energy prices."
— Marianne Lake , Executive
"I expect consumer behavior to change in the second half of 2026 if inflation picks up."
— David Solomon , Executive
""You're not seeing anything right now, but you are being very, very watchful.""
— Marianne Lake , Executive
""While the unemployment is low, demand for labor is a little softer.""
— Marianne Lake , Executive
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxNTHNsUEdaWXlmcHV4TVJwRkRBcFV0MUhlSkNWTTZLN1BlSVNXUHNXMUE5VHlzM1FRQk50RGJTV3E5N0ZXMkZqUngyQ0s3SE1vVDB3eHNKaW5QTjg1Y0gzZld4cFFjUmFaWFlkVkt6a0UxZ1l4enBKSXFvdEQySVZVTkJscFY0MHJmTjE4dHBDdzFWYTh1WVN2cVA0WUVSd1FCcVVEcG5WaEpjMGxCUEhObGlrMA?oc=5" target="_blank">JPMorgan keeping a watchful eye on consumer health, executive says</a> <font color="#6f6f6f">Reuters</font>
Marianne Lake, CEO of JPMorgan's consumer and community banking division, expressed concerns over inflation's impact on consumer health, noting that wage increases are not keeping pace with inflation for a growing segment of the population.
Marianne Lake, CEO of JPMorgan's consumer and community banking division, highlighted concerns about inflation's impact on consumer health, noting that wage increases are not keeping pace with inflation for a growing segment of the population.
Marianne Lake, CEO of JPMorgan's consumer and community banking division, expressed concerns over inflation's impact on consumer health, noting that wage increases are not keeping pace with inflation for a growing segment of the population.
Marianne Lake, CEO of JPMorgan's consumer and community banking division, expressed concerns over inflation's impact on consumer health, noting that wage increases are not keeping pace with inflation for a growing segment of the population.
Marianne Lake, CEO of JPMorgan's consumer and community banking division, expressed concerns over inflation's impact on consumer health, noting that wage increases are not keeping pace with inflation for a growing segment of the population.
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