Wells Fargo CEO Warns Inflation, Gas Costs and Higher Rates Continue to Weigh on Consumers, Expects Credit to Weaken 'At Some Point' — But Doesn’t See It Yet

Prices are weighing on households, the Federal Reserve is raising interest rates, and inflation is running above target, yet Wells Fargo & Co. said consumer credit is still holding up. Higher Prices and Rates Weigh on Households CEO Charlie Scharf...