Bank of America CEO Says Consumer Remains Resilient Despite Rising Gas Prices
Brian Moynihan said spending and credit data remain healthy, according to CNBC.
Bank of America CEO Brian Moynihan said the bank's data shows consumer spending and credit remain healthy despite rising gasoline prices, CNBC reported.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
Prediction Market Traders Think U.S. September Jobs Report Will Beat Estimates
Bettors on prediction markets are wagering that the U.S. economy added more jobs in September than Wall Street economists currently forecast.
The Fed's Preferred Inflation Gauge Is Due Wednesday — Here's What Economists Expect
The Federal Reserve's preferred inflation measure is set for release Wednesday, with data expected to show continued price pressures even as consumers keep spending.
Report: Governor Mandokhail visits Quetta Chamber, stresses traders’ role in national economy
A report from APP (Pakistan) sets out the main available details, with claims kept attributed to their sources.
Microsoft shares might be rangebound. Here's Why you can still make money
A report from CNBC — Top News sets out the main available details, with claims kept attributed to their sources.
Report: Education Department extends deadline for student loan interest rate discount
A report from CNBC — Top News sets out the main available details, with claims kept attributed to their sources.
Report: Belgium’s inflation hits highest level since May 2023 as energy prices surge
A report from Anadolu Agency (Turkey) sets out the main available details, with claims kept attributed to their sources.