Bank CEOs ますます turning 悲観的な on economy
NEW YORK (AP) - The 見通し for the U.S. economy from 塀で囲む Street´s biggest banks is getting gloomier, with many 最高の，を越す (n)役員／(a)執行力のあるs 説 they're 準備するing for a 可能性のある 下降 or a 後退，不況.
に引き続いて the short but potent pandemic 後退，不況 in 2020, many bank CEOs have spent the past year and a half trumpeting the strength of the U.S. economy and the resilience of the U.S. 消費者. Many did so again Friday after 報告（する）／憶測ing their 年４回の results, but this time with an 無視／無効ing sense of 警告を与える.
"We 認める the 圧力 points are building in several areas of the economy that could lead to 強調する／ストレス in the 未来," said Andy Cecere, CEO of U.S. Bank.
Such comments 反映する the growing 証拠 that the U.S. and 全世界の economy is 弱めるing in the 直面する of 世界的な インフレーション and the war in ウクライナ共和国. On Tuesday, the International 通貨の 基金 lowered its 予測（する） for 2023 全世界の 経済成長 to 2.7% from 2.9%.
Half a dozen banks 報告（する）／憶測d their 年４回の results on Friday, 範囲ing from behemoths JPMorgan Chase and Citigroup to 最高の 地域の banks like U.S. Bank and PNC 財政上の. In calls with 新聞記者／雑誌記者s and 投資家s, bank (n)役員／(a)執行力のあるs painted a bifurcated picture of the economy.
On one 手渡す, they 公式文書，認めるd a low level of delinquencies, solid 消費者 spending and healthy activity の中で their 商売／仕事 （弁護士の）依頼人s. At the same time, they 定評のある multi-１０年間 high levels of インフレーション, a 住宅 market that is slowing 負かす／撃墜する quickly, and a 連邦の Reserve that is raising 率s at an 前例のない pace, which will make it more difficult for 商売／仕事s to borrow.
A Chase bank 支店 is shown, Sunday, April 10, 2022, in Miami Beach, Fla. JPMorgan Chase & Co.'s third ４半期/4分の1 利益（をあげる）s fell by 17% from a year earlier, Friday, Oct. 14, , as the bank 始める，決める aside 概略で a billion dollars to cover 可能性のある losses in what CEO Jamie Dimon has said a could be a 後退，不況 in six to nine months. (AP Photo/Wilfredo 物陰／風下)
"インフレーション is casting a long 影をつくる／尾行する on these banks´ 未来 見通しs," said Peter 激流, U.S. 国家の 部門 leader for banking and 資本／首都 markets at accounting 巨大（な） KPMG
インフレーション has been 断固としてやる high for months, with this week´s reading of 消費者 prices showing an 8.2% rise in costs in September from a year earlier. Fed 公式の／役人s have 押し進めるd up their short-称する，呼ぶ／期間／用語 率 by a hefty three-４半期/4分の1s of a 百分率 point three times in a 列／漕ぐ／騒動, bringing it to a 範囲 of 3% to 3.25%, th e highest in 14 years. 塀で囲む Street is 推定する／予想するing another 0.75 百分率 point 引き上げ（る） in November.
反映するing the dimmer macroeconomic 見解（をとる）, Citigroup, 井戸／弁護士席s Fargo and JPMorgan socked away cash in their 貸付金-loss reserves. These reserves are 始める，決める aside to cover 潜在的に bad 貸付金s. During the pandemic, banks put tens of billions of dollars into these reserves but had 解放（する）d the 本体，大部分／ばら積みの of those 基金s in 2021 反映するing the 改良 in the economy.
Now the banks are again 防備を堅める／強化するing the reserves. JPMorgan 始める，決める aside 概略で a $1 billion in its 貸付金 loss reserves, while Citigroup and 井戸／弁護士席s both 概略で put $400 million into their reserves this ４半期/4分の1. The pace of 新規加入s is slower than at the onset of pandemic when, for example, JPMorgan put more than $10 billion into its reserves in one ４半期/4分の1.
The goal of the Fed's 率 増加するs is to slow the economy and bring 負かす／撃墜する インフレーション. The 可能性 of going too far and 原因（となる）ing a 後退，不況 is a big 関心 for 経済学者s, 塀で囲む Street 分析家s and bank (n)役員／(a)執行力のあるs.
井戸／弁護士席s Fargo CEO Charlie Scharf told 投資家s on a 会議／協議会 call that the bank 推定する／予想するs broader 経済的な 条件s to 弱める, resulting in 増加するs in delinquencies and credit losses.
Cecere, the U.S. Bank CEO, said, "While the 背景 is 都合のよい today, it would not be surprising to us to see an 経済的な 減産／沈滞 develop at some point driven by lower 信用／信任 levels, which may lead to 減ずるd spending and 商売／仕事 投資."
JPMorgan Chase CEO Jamie Dimon made headlines Monday when he said a "very, very serious" mix of 関心s could lead to a 後退，不況 in the next six to nine months.
On Friday, Dimon talked up the fact U.S. 消費者 health remains strong. 投資家s 押し進めるd to get clarity.
"I´m trying to reconcile your comments b efore and now," マイク Mayo, an 分析家 with 井戸／弁護士席s Fargo 安全s, said to Dimon.
In 返答, Dimon 述べるd the 現在の 経済的な 環境 as "半端物." 反映するing the fact delinquencies are low and 消費者 spending remains strong にもかかわらず the inflationary headwinds. But he 予報するd that the extra 貯金 U.S. 世帯s socked away during the pandemic would likely be exhausted by 中央の 2023, if インフレーション is not brought under 支配（する）／統制する.
One thing supporting Dimon's comments is the 量 of spending 消費者s are doing with their credit cards. 井戸／弁護士席s Fargo, Citigroup and JPMorgan all 報告（する）／憶測d 二塁打-digit 増加するs in 消費者 credit card spending compared to a year earlier.
While JPMorgan (n)役員／(a)執行力のあるs said that some of that spending might be 消費者s returning to pre-pandemic spending 傾向s, インフレーション might 簡単に be stretching 世帯 予算s.
FILE - This Jan. 13, 2021 とじ込み／提出する photo shows a 井戸／弁護士席s Fargo office in New York. 井戸／弁護士席s Fargo easily （警官の）巡回区域，受持ち区域 塀で囲む Street's third-４半期/4分の1 歳入 予測（する）s, Friday, Oct. 14, 2022, as higher 利益／興味 率s helped 相殺する a 法外な 拒絶する／低下する in home lending. (AP Photo/示す Lennihan, とじ込み／提出する)
