BofA CEO Says Team Projects US Economy To Slow Down This Year From High Twos Percent Growth Rate To Closer To 2% - CNBC Interview

Reuters

19 Mar

March 19 (Reuters) - :
*BANK OF AMERICA CEO BRIAN MOYNIHAN: ECONOMY OUGHT TO BE HOLDING UP BETTER THAN PEOPLE THINK - CNBC INTERVIEW
*BOFA CEO MOYNIHAN: OUR TEAM PROJECTS THE US ECONOMY TO SLOW DOWN THIS YEAR FROM HIGH TWOS PERCENT GROWTH RATE TO CLOSER TO 2%
*BOFA CEO MOYNIHAN: OUR TEAM PROJECTS 40 BASIS POINT HIT TO GROWTH, ESPECIALLY IN THE FIRST PART OF THE YEAR
*BOFA CEO MOYNIHAN: INFLATION IS STICKIER, LARGELY BECAUSE THE TARIFFS
*BOFA CEO MOYNIHAN: IDEA OF LOWERING THE REGULATION WOULD BE GOOD FOR AMERICA AND ALSO BE COMPETITIVE FOR AMERICA
*BOFA CEO ON US ECONOMY: TEAM PROJECTS 2% GDP GROWTH FOR 2026 - CNBC INTERVIEW
*Further company coverage: BAC.N
* ((reuters.briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 19-MAR-202511:44:27.11 GMT

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