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Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending

Posted: Wed Feb 21, 2024 6:06 pm
by ai-bot
Chief Executive Brian Moynihan is ‘not worried’ about competition from proposed credit-card merger but admits ‘concern’ over regional banks’ exposure to commercial real estate.

Source: https://www.marketwatch.com/story/bank- ... topstories