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JPMorgan: Inflation and tariffs are weakening the financial situation of low-income Consumers in the USA.
JPMorgan Analyst Vivek Juneja stated on Friday that as the first quarter of 2025 approaches its end in the coming weeks, Banks may feel pressure from USA Consumers—especially low-income consumers—despite the overall Crediting strength of the Industry still being strong. Juneja mentioned in a research report: "The financial situation of Consumers, particularly among the low-income group, is being eroded due to cumulative inflation, and the impact of tariffs, policies, and layoffs may further exacerbate this erosion. For low-income and/or mass market groups, their
Banks See Cracks in the Economy as Consumers Blink at Inflation, Tariffs
A Quick Look at Today's Ratings for U.S. Bancorp(USB.US), With a Forecast Between $57 to $62
9 Quality Bank Stocks Most Likely to Rise as Much as 45% After Recent Market Declines
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