Economy News Heroes Of The High Rate Economy Bank Of America Praises Consumers For Propping Up 2024
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BofA sees consumer pain increasing from controversial economic policy
To make matters worse, BofA says the core goods Personal Consumption Expenditures (PCE) price index will have risen by 1.3% over the past year and 2.2% annualized since March when the tariffs went ... Read More
Bank of America CEO cautions over middle class feeling the 'pinch' as economy faces new threats
Between inflation and the government shutdown, Bank of America's Brian Moynihan explains why consumers have to be "careful" when it comes to spending amid a strained economy. Read More
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