The four largest U.S. consumer banks posted blockbuster second-quarter results this week.
BlackRock Inc. Chief Executive Officer Larry Fink says he sees the highest U.S. inflation in recent memory as more than a transient phenomenon.
Bank of America Corp shares tumbled on Wednesday after the second-largest U.S. lender detailed its sensitivity to low interest rates.
Powell on Wednesday pledged "powerful support" to complete the U.S. economic recovery from the coronavirus pandemic.