Despite consumer concerns about finances, spending remains strong, said Bank of America CEO Brian Moynihan. While tariff threats may slightly lower GDP forecasts, Bank of America expects steady 2% ...

Bank of America Corp. Chief Executive Officer Brian Moynihan said US consumers, helped by wage growth, remain in good shape even amid elevated interest rates, and that businesses are once again ...

Bank of America CEO Brian Moynihan said although he is ... The Fed’s biggest challenge remains “the power of the US consumer,” Moynihan said. “They were earning more money and they were ...

US consumers are still in a position of strength despite persistent inflation and other economic headwinds, Bank of America Corp. Chief Executive Officer Brian Moynihan said. Americans continue to ...

"The people who had an account with us in January 2020 before the pandemic ... much more in their account," Bank of America Chairman and CEO Brian Moynihan said on CBS’ "Face the Nation." ...

The Federal Reserve won't hit its 2% inflation target until 2025 - and a US recession is in the cards, according to Bank of America CEO Brian ... Moynihan also noted that his bank's data shows ...

Bank of America (BAC) CEO Brian Moynihan is dialing back his expectation for a mild recession this year, mostly thanks to the resilience of the US consumer. "People are working, and they are ...

So I'm hoping you can kind of level set for us. What is the reality of what you are seeing with American consumers right now? BRIAN MOYNIHAN: Well, in our consumer base of 60 million customers ...

Investing.com -- According to Brian Moynihan, US consumers have increased their spending by 6% this year. The rate of spending is faster than the previous year, with a noticeable shift towards ...