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

Mar 19, 2025

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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CNBC Interview\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-19 20:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body>March 19 (Reuters) - :<br/>*BANK OF AMERICA CEO BRIAN MOYNIHAN: ECONOMY OUGHT TO BE HOLDING UP BETTER THAN PEOPLE THINK - CNBC INTERVIEW<br/>*BOFA CEO MOYNIHAN: OUR TEAM PROJECTS THE US ECONOMY TO SLOW DOWN THIS YEAR FROM HIGH TWOS PERCENT GROWTH RATE TO CLOSER TO 2%<br/>*BOFA CEO MOYNIHAN: OUR TEAM PROJECTS 40 BASIS POINT HIT TO GROWTH, ESPECIALLY IN THE FIRST PART OF THE YEAR<br/>*BOFA CEO MOYNIHAN: INFLATION IS STICKIER, LARGELY BECAUSE THE TARIFFS<br/>*BOFA CEO MOYNIHAN: IDEA OF LOWERING THE REGULATION WOULD BE GOOD FOR AMERICA AND ALSO BE COMPETITIVE FOR AMERICA<br/>*BOFA CEO ON US ECONOMY: TEAM PROJECTS 2% GDP GROWTH FOR 2026  - 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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","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}