BofA’s Brian Moynihan: Consumers Are “In Good Shape”
May 25, 2022 at 08:29 AM EDT
Despite high inflation and supply chain issues, U.S. consumers are spending more while paying down their credit cards, according to Bank of America Corp. CEO Brian Moynihan. Speaking with Bloomberg Television, Moynihan said that consumers are “in good shape” and will continue spending. “You have...
