Economic·Axios·18h agoUnited States
BofA CEO: Consumers Keep Spending Despite Affordability Pain
Moynihan says economy resilient, predicts 2% growth this year
Positive1 min readImportance
AI Summary
Bank of America CEO Brian Moynihan says consumers keep spending despite affordability concerns, with spending up 6% in Q2 2026 and economy expected to grow at least 2%.
Keywords
consumer spendingaffordabilityBank of AmericaUS economyinflation
