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Bank profits soared in 2021, but inflation is front of mind

by staff

A Chase bank sign is shown in Richmond, Va., Wednesday, June 2, 2021. JPMorgan Chase’s said, Friday, Jan. 14, 2022 its fourth quarter profits fell 14% from a year earlier, as the company saw a weaker performance out of its trading desk and had higher compensation expenses for its employees. (Steve Helber/AP)

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