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. US inflation cooled from its mid-2022 highs ...
(The Hill) – Brian Moynihan, the head of Bank of America, said on Sunday that his company plans to slow down its hiring process and predicted that the U.S., would experience a mild recession ...
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 ...
NEW YORK: Bank of America Corp chief executive Brian Moynihan says there are signs of the US economy slowing, but his firm still expects a soft landing rather than a recession. “The reality is ...
Bank of America Chief Executive Officer Brian Moynihan has been vocal about the ... spending and a firm economy that will stay out of a recession. Although the growth of delinquencies slowed ...
In fact, CEO Brian Moynihan said on Wednesday that the bank ... like Citigroup, landing once the recession has passed: $10 billion to $13 billion in quarterly pre-tax, pre-provision income ...
Call it the result of a recession escape that would make Houdini ... can cause some alarm, but CEO Brian Moynihan correctly noted that the banks bond holdings are the result of putting depositors ...
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Like most, I think a recession is likely to be mild and short ... but Bank of America BAC CEO Brian Moynihan has repeatedly argued that the financial health of consumers is strong.
Bank of America Chairman and CEO Brian Moynihan discusses the Fed’s latest rate decision ... Piper Sandler managing director and senior economist Jake Oubina explains why he predicts a recession will ...
Bank of America Chief Executive Officer Brian Moynihan said on the sidelines of the World Economic Forum's annual meeting at Davos. "The consumers are spending, their wages are growing and frankly ...
Bank of America Chairman and CEO Brian Moynihan discusses industry layoffs ... CEO R 'Ray' Wang discuss concerns about a global recession, a jump in consumer sentiment in January, and preview ...