{"id":82874,"date":"2022-10-18T00:11:08","date_gmt":"2022-10-18T04:11:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82874"},"modified":"2022-10-17T23:18:31","modified_gmt":"2022-10-18T03:18:31","slug":"bank-of-america-ceo-says-latest-spending-and-savings-data-show-that-the-u-s-consumer-is-healthy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2022\/bank-of-america-ceo-says-latest-spending-and-savings-data-show-that-the-u-s-consumer-is-healthy.html","title":{"rendered":"Bank of America CEO says latest spending and savings data show that the U.S. consumer is healthy"},"content":{"rendered":"\n<p>(CNBC) Consumers are financially resilient, despite high inflation and concerns the U.S. is nearing a recession, according to <a href=\"https:\/\/www.cnbc.com\/quotes\/BAC\/\">Bank of America<\/a><\/p>\n\n\n\n<p>CEO <a href=\"https:\/\/www.cnbc.com\/brian-moynihan\/\">Brian Moynihan<\/a>. \u201cAnalysts might wonder whether the talk of inflation, recession and other factors could [result] in a slower spending growth,\u201d Moynihan said Monday during a conference call to discuss <a href=\"https:\/\/www.cnbc.com\/2022\/10\/17\/bank-of-america-bac-q3-2022-earnings.html\">third-quarter results<\/a> that topped analysts\u2019 expectations. \u201cWe just don\u2019t see [that] here at Bank of America.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/10\/17\/bank-of-america-ceo-brian-moynihan-says-the-us-consumer-is-healthy.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Consumers are financially resilient, despite high inflation and concerns the U.S. is nearing a recession, according to Bank of America CEO Brian Moynihan. \u201cAnalysts might wonder whether the talk of inflation, recession and other factors could [result] in a [&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-82874","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82874","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=82874"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82874\/revisions"}],"predecessor-version":[{"id":82875,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82874\/revisions\/82875"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}