BofA CEO Brian Moynihan says both consumers and businesses are ‘slowing things down’-in fact, they’re acting like it’s 2016, a period of ‘very low growth’

May 31, 2024

Consumers might be squeezed by inflation, but it seems their wallets aren’t tight enough to stop them spending on enjoying a good time. At least, that’s what Brian Moynihan is seeing from the data at Bank of America.…

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