BofA’s Brian Moynihan Downplays Inflation Concerns on US Economy, Says it is ‘Resilient and Growing’

BofA's Brian Moynihan Downplays Inflation Concerns on US Economy, Says it is 'Resilient and Growing'.

The development was reported about 17 minutes ago. The initial verified report was . The verified report states: (NYSE:BAC) Chief Executive Officer Brian Moynihan called the U.S.

It also reports: Consumer and Commercial Health During the company's earnings call,. Another confirmed detail is: Consumer spending increased 5% year-to-date, supported by wage growth. The available report further notes: "The businesses closest to customers, wealth clients.

A further verified point is: Showed continued strength," Moynihan said. The report also confirms: The bank reported that organic growth continued across its.