https://www.live-feeds.com/feed/jpmorgan-wells-fargo-and-citi-earnings-show-consumers-holding-up-despite-high-ratesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/jpmorgan-wells-fargo-and-citi-earnings-show-consumers-holding-up-despite-high-rateshttps://www.live-feeds.com/feed/jpmorgan-wells-fargo-and-citi-earnings-show-consumers-holding-up-despite-high-rates#u125506Fri, 16 Oct 2026 10:01:54 +0000Major Wall Street financial institutions report third-quarter earnings showing resilient consumer spending and lending activity despite persistent high interest rates and borrowing costs. Citigroup posts a significant profit increase while JPMorgan Chase earns billions, though JPMorgan misses analyst profit forecasts due to the impact of elevated interest rates. Meanwhile, Wells Fargo sets aside increased reserves for potential bad loans. Executives also discuss artificial intelligence investments and corporate deal backlogs during analyst calls, while investors remain cautious about broader r