BAC · News · 20260923N
Inflation and Rate Outlook
BANK OF AMERICA CORP /DE/ · 2026-09-23 · Importance 10 · Surprise 6
Bank of America continues to see resilience in the U.S. economy, while management has emphasized that inflation must be brought under control. Interest-rate conditions remain important to the bank because its large deposit base creates material sensitivity to changes in benchmark rates. Third-party reporting also identified relationship expansion, international operations, wealth management and technology as key growth priorities amid the evolving economic environment.
Key facts
- Bank of America CEO Brian Moynihan said, "Inflation has got to get under control." source