Key Takeaways
- Brian Moynihan, CEO of Bank of America, said he expects “further economic growth in the year ahead,” though with “any number of risks” looming.
- His comments were similar in tone to those from JPMorgan Chase’s Jamie Dimon, shared yesterday.
A second big-bank CEO in as many days is sharing upbeat sentiment about the U.S. economy.
Bank of America’s (BAC) Brian Moynihan on Wednesday said while reporting the bank’s latest quarterly financial results that he expects “further economic growth in the year ahead.”
The statement followed comments yesterday from JPMorgan Chase (JPM) chief Jamie Dimon, who referenced a “resilient” economy but also highlighted a set of “hazards,” including inflation and geopolitical risks, that he thought markets were underappreciating.
“With consumers and businesses proving resilient, as well as the regulatory environment and tax and…
