Bank of America CEO: The American Consumer Is More Resilient Than You Think
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In a conversation with Forbes Editor-at-Large and Iconoclast founder Maneet Ahuja at the #ForbesIconoclast Summit, Brian Moynihan, Chair of the Board and CEO of Bank of America, explained why the American consumer continues to defy expectations. Despite concerns about inflation and affordability, Moynihan pointed to strong employment and steady spending habits as signs of resilience, arguing that consumers continue to adapt rather than pull back.
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