The economy is still humming, tariffs and all, say top banks
1. JPMorgan and Citi reported strong consumer spending despite economic uncertainty. 2. Investment banking activity rebounded, indicating confidence in the market. 3. Consumer spending and borrowing remained robust amid increasing inflation. 4. Inflation rose to 2.7%, influencing Federal Reserve interest rate decisions. 5. Market expectations for rate cuts have diminished based on recent data.