Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

Consumers and businesses are wrestling with inflation and borrowing costs that remain higher than they are accustomed to.

May 31, 2024 - 11:00
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Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
Consumers and businesses are wrestling with inflation and borrowing costs that remain higher than they are accustomed to.