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% ...

Banks, a barometer of the broader U.S. economy, are seeing early signs that the tariff-induced pause in activity is lifting.

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 relieved lawmakers reached a resolution for the debt ceiling, it is “not good for the United States to go through this.” ...

The Fed won't reach its 2% inflation target till 2025, according to Bank of America's CEO. Brian Moynihan added that data shows consumers are spending less, pointing to an incoming recession.

MOYNIHAN: Well, the inflation's tipping over, but one of the toughest things for the Federal Reserve is the power of the US consumer. And they were, they were, they were employed, they were ...

Bank of America chairman and CEO Brian Moynihan says the Fed's rate hikes have successfully slowed down consumer spending. In an exclusive conversation with Bloomberg Wall Street Week host David ...

U.S. consumers have more debt and are starting to pull back on spending as they're trying to "maintain a lifestyle," says Bank of America's Brian Moynihan.

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 ...

Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ceiling, it is “not good for the United States to go through this.” ...

Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ... The Fed’s biggest challenge remains “the power of the US consumer,” Moynihan said.