BofA’s Brian Moynihan Expects Fed To Hike Rates Three Times In 2026, Sees Inflation In ‘Mid-2s’ By End Of 2027
During an interview with CNBC, Moynihan said inflation had been easing before picking up again due to the effects of tariffs and the war on prices, adding that those pressures are now beginning to subside. Moynihan does not expect a hike in interest rates to have an impact on the short-term financing being used by … Read more