Major Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backed by a healthy labour market and wage growth. While inflation, higher borrowing costs and geopolitical tensions remain risks, lenders say consumer finances have held up well so far.
Major Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backed by a healthy labour market and wage growth. While inflation, higher borrowing costs and geopolitical tensions remain risks, lenders say consumer finances have held up well so far.
<iframe src="https://hindustansphere.com/embed/cluster/e6d1f9568dd1b0f3d65a7967ca2a5c5a2384f379" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocks"></iframe>
