SciencePYMNTSabout 4 hours ago
Bank of America CEO: Consumer spending remains strong
2 min read
Bank of America CEO Brian Moynihan told NBC News that consumers continue spending on discretionary items despite inflation and affordability concerns. Bank of America data shows credit and debit card spending rose 5% year over year in May, with spending on vacations and dining out still strong.
Level
Hype check
Tap to vote and see what everyone thinks.
