WS #12058
Fed Chair Warsh states most of Fed's job is to the left of decimal point, won't prejudge rates, and FDIC insurance cap should be binding. Wells Fargo beats Q2 estimates (EPS $2.00 vs $1.72), Goldman Sachs shares surge 6.9% after beat, Bank of America also beats.
Fed Chair Warsh hawkish testimony
Fed Chair Warsh states most of Fed's job is to the left of decimal point, won't prejudge rates, and FDIC insurance cap should be binding.
Wells Fargo beats Q2 estimates (EPS $2.00 vs $1.72), Goldman Sachs shares surge 6.9% after beat, Bank of America also beats.