{"id":81300,"date":"2022-04-20T02:25:21","date_gmt":"2022-04-20T06:25:21","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81300"},"modified":"2022-04-20T02:09:30","modified_gmt":"2022-04-20T06:09:30","slug":"dont-fight-the-u-s-consumer-bank-of-america-ceo-says-spending-is-healthy-despite-roaring-inflation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/dont-fight-the-u-s-consumer-bank-of-america-ceo-says-spending-is-healthy-despite-roaring-inflation.html","title":{"rendered":"\u2018Don\u2019t fight the U.S. consumer\u2019 \u2014 Bank of America CEO says spending is healthy despite roaring inflation"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/BAC\" target=\"_blank\">Bank of America<\/a> CEO Brian Moynihan said that Americans are spending heartily, even as inflation continues to roil the economy. \u201cIn the month of March \u201922 versus March \u201921, the consumer \u2026 spent about 13% more than they did last year,\u201d Moynihan said. \u201cBut importantly, in the first couple weeks in April, that number\u2019s moved back to 18%, indicating faster spending in consumers,\u201d he added.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/19\/bank-of-america-ceo-says-spending-is-healthy-despite-roaring-inflation.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bank of America CEO Brian Moynihan said that Americans are spending heartily, even as inflation continues to roil the economy. \u201cIn the month of March \u201922 versus March \u201921, the consumer \u2026 spent about 13% more than they did [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81300","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81300"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81300\/revisions"}],"predecessor-version":[{"id":81301,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81300\/revisions\/81301"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}