Wall Street banks are planning for a sustained period of higher inflation, running internal health checks, monitoring whether clients in exposed sectors could pay back loans, devising hedging strategies and counseling caution when it comes to deals. U.S. consumer prices this month posted their biggest annual gain in 31 years, driven by surges in the .
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By Matt Scuffham NEW YORK (Reuters) - Wall Street banks are planning for a sustained period of higher inflation, running internal health checks, monit.
Wall Street banks are planning for a sustained period of higher inflation, running internal health checks, monitoring whether clients in exposed sectors could pay back loans, devising hedging strategies and counseling caution when it comes to deals.