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Alastair Borthwick, CFO of Bank of America Corp., offered some insights and predictions as part of the BofA Securities Financials CEO Conference. The Federal Reserve is showing signs of winning ...
The housing market has been dealt a double-whammy from skyrocketing home prices and high mortgage rates, making affordability a big question that's sparked considerable debate over the Fed's interest ...
Bank of America also points out that in the Federal Reserve's annual stress-testing exercise, the bank is expected to see losses equivalent to 5.5% of total loans, whereas loan losses were as high ...
Federal Reserve stress test results highlight ... albeit with higher-than-expected losses. Bank Of America’s Key Insights From the Stress Test Results ‘Goldman Sachs Worst Hit’: Goldman ...
The Fed is likely to retain its ‘wait-and-see’ approach at the Federal Open Markets Committee decision on Wednesday, but higher-for longer rates no longer support the dollar like they did before. This ...
Bank of America BAC.N expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian Moynihan said on Tuesday. "It takes multiple years to squeeze inflation ...
The Federal Reserve’s expected interest-rate cut ... In another bet by bond investors, money has flowed into Bank of America Corp.’s bonds since the U.S. election in November, while it ...
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
Meghan Swiber, senior U.S. rates strategist at Bank of America's investment banking arm BofA Securities, joins WSJ’s Take On ...