Bank of America (BAC) says US economic growth remains healthy, though employment data is showing signs of weakness
SourceNewsquawk
SectionEconomic Commentary
- "Consumer spending remains solid".
- "Consumer credit is stable; lower end of credit spectrum a watch item especially if labor market softens"
- "BofA Global Research expects 2.0% and 1.9% U.S. GDP growth in 2025 and 2026, respectively"
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via Bank of America