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Posted: 2025-08-04 08:05:20 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-08-04 08:05:32 UTC
Verified By
Rollup News
Bank of America CEO Brian Moynihan stated that the bank's economists do not anticipate interest rate changes or a recession in the current year, despite a recent weak jobs report. They project continued, albeit slow, growth for the U.S. economy.
No expected interest rate changes
No anticipated recession this year
Continued slow growth of the U.S. economy
Weak jobs report