‘Don’t fight the U.S. consumer’ — Bank of America CEO says spending is healthy despite roaring inflation

By CNBC

Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the economy. “In the month of March ’22 versus March ’21, the consumer … spent about 13% more than they did last year,” Moynihan said Tuesday in an interview on “Mad Money.”  […]

‘Don’t fight the U.S. consumer’ — Bank of America CEO says spending is healthy despite roaring inflation

Source: ‘Don’t fight the U.S. consumer’ — Bank of America CEO says spending is healthy despite roaring inflation

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