BAC · News · 20260909N

Inflation and Rate Outlook

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

On September 9, 2026, Bank of America CEO Brian Moynihan said consumer spending and credit remained healthy despite rising gasoline prices. He said higher interest rates were weighing more heavily on small and midsize businesses, while borrowing and credit quality remained strong. The comments indicate continued consumer resilience but increasing rate sensitivity among U.S. small and midsize-business borrowers.