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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

Home » Business » Economy » Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

Hugh Son CNBC 14/02/2025 02:20

Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.

NBC News
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.
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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

New customers get FREE iPad with Virgin Media’s TV & broadband bundle – ends SOON

‘We haven’t seen you in ages’ says Tommy Bowe as he’s delighted to welcome back ‘missing’ Ireland AM star on air

You can now download the developer betas for iOS 26, iPadOS 26, tvOS 26, and more

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