Jun 01, 2022 / 12:00PM GMT
John McDonald -
Okay. We're ready to go. Thanks, everyone, for joining us today, and we're very happy to kick off here with Wells Fargo. We have CEO, Charlie Scharf. Charlie, great to have you back.
Charles W. Scharf - Wells Fargo & Company - President, CEO & Director
Great to be here, John. Thanks.
Questions and Answers:
John McDonald -Thanks for joining us again. Maybe we will start off talking about the operating environment, kind of get your view on the macro. How concerned are you about the current economic environment and the possibility that the Fed won't be able to navigate taming inflation while also engineering a soft landing?
Charles W. Scharf - Wells Fargo & Company - President, CEO & Director
Yes. I guess I would describe it as I don't think I would say concerned. I think we're just very much believe that there's a reality that the economy has to slow. The Fed has been very clear about what their intentions are. And the scenario of a soft landing is very