BofA's Brian Moynihan Downplays Inflation Concerns on US Economy, Says it is 'Resilient and Growing' — Here’s What Clients Are Doing
BofA CEO Brian Moynihan cites strong consumer spending to tout a 'resilient and growing economy' despite rate volatility and a $1.2B Q3 fine.
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Why It Matters
BofA's leader says the US economy is strong and growing right now. When big bank leaders feel hopeful about the economy, it often signals confidence about business ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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