Business

Bank CEO on Consumer Resilience

Updated 2026-09-09 23:55 UTC 1 source Neutral

Bank of America CEO Brian Moynihan stated that despite rising gas prices, consumer spending and credit remain healthy. This reassures investors about the stability of the economy.

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CNBC

Bank of America CEO says the consumer remains resilient despite rising gas prices

Bank of America CEO Brian Moynihan said the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices.

2026-09-09 22:53 UTC