WS #12134
Warsh hearing ends; he says focus is real economy, not Fed messaging, which may reduce AI exuberance and support a disinflation narrative. JPMorgan and BlackRock post record Q2 earnings, BlackRock targets $5.7B capital returns, and AXP reports stable credit metrics, supporting financial sector strength.
Fed Chair Warsh Hearing
Warsh hearing ends; he says focus is real economy, not Fed messaging, which may reduce AI exuberance and support a disinflation narrative.
JPMorgan and BlackRock post record Q2 earnings, BlackRock targets $5.7B capital returns, and AXP reports stable credit metrics, supporting financial sector strength.