BAC · News · 20260909N

Interest Rate Environment

BANK OF AMERICA CORP /DE/ · 2026-09-09 · Importance 17 · Surprise 24

Brian Moynihan said higher interest rates were weighing more heavily on small and midsize businesses. He said borrowing remained strong despite the rate pressure. He also said credit quality remained strong, indicating no reported deterioration in business credit performance.

Key facts

• Moynihan said higher interest rates are weighing more on small and midsize businesses. source