Despite the troubles posed by high interest rates in the U.S., consumers have proven resilient, aided by elevated wage growth ...

"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." ...

(Reuters) - If the U.S. Federal Reserve does not start cutting interest rates relatively soon, U.S. consumers could become dispirited, Bank of America CEO Brian Moynihan said on Sunday. At the end ...

U.S. consumers could become dispirited, Bank of America (BAC.N), opens new tab CEO Brian Moynihan said on Sunday. At the end of July the Fed kept the policy rate in the same 5.25%-5.50% range it ...

A highly-dreaded U.S. recession is no longer in the works, according to Bank of America CEO Brian Moynihan ... afloat are working. Consumer spending has softened, Moynihan said, citing the ...

Brian T. Moynihan ... call operational excellence, which gives us the permission to save money and invest in the future of the franchise.” With more than 200,000 employees serving individual consumers ...

Bank of America CEO Brian Moynihan said inflation is showing signs of cooling, but the US economy will still face ... exec predicted a slight downturn as consumers remain in good shape.

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 ...

IF THE US Federal Reserve does not start cutting interest rates relatively soon, US consumers could become dispirited, Bank of America CEO Brian Moynihan said on Sunday. At the end of July the Fed ...