Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
Bank of America has warned that the Federal Reserve must hold elevating rates of interest till it finds “the point of pain for consumer demand.”...
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon each agree that the U.S. economic system is doing nicely and shoppers...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
Bank of America has forecasted that the U.S. economic system will slide right into a recession this 12 months. “Numerous forces have coincided to gradual...