Brian Moynihan

speaker

391 appearances 9 recordings 3 series first heard Dec 2025 last heard 3 Jun

Brian Moynihan’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 9 in all, peaking in Jan 2026 with 7.

Appearances

newest first · ▶ plays the moment

Bloomberg Talks · Bank of America CEO Brian Moynihan Talks 2026 Outlook, AI & More · 23 Dec 2025 podcast

And the consumer's in pretty good shape.

Spending more money, employed and earning more money.

But differences between different types of consumers and then being wise in how they spend.

If they trade down and all the things you're hearing the retailers talk about are true, but the aggregate amount of moving in the economy is still growing.

So if you look at the predictions for our team and the other economists for unemployment, we're kind of peaking out at this level now in the mid-4, 5, 4, 6 range, and that sort of flattens out.

But the Fed has to be wary because they have a mandate to maintain full employment, and we're at full employment now.

and they have a mandate to maintain strike price stability and inflation uh fighting and those two mandates can work together sometimes and against each other sometimes right now we're in an unusual case where the labor market is getting has softened and yet the inflation because the massive build-up inflation after covid and stuff is now still working its way down our team predicts that the inflation rate will get to the fed's target you know through the end of 27 but it's continuing to work in the right direction which gives a

the Fed, in our view, latitude to keep cutting rates next year, especially in the first half that will then provide a stimulus in the second half of the year.

Those rate cuts do benefit the consumer somewhat, but in fact, benefit small businesses because in mid-sized business, they borrow on lines of credit.

which are our floating rate indices.

And as rates come down, they get instantaneous benefit.

And if you hear our small and medium-sized businesses, they're pretty optimistic about next year, telling us they expect to grow, they expect to hire more people.

And those small businesses are the backbone of the U.S.

economy.

We're the largest small business lender in the U.S.

economy, so we see them being very active.

Look, we just need our team that's done a great job for us over the last several decades to keep doing it.

And what they need to do is go out and get one more client and do one more thing with every client we have.

And they know that across all our business, whether it's our markets teams, whether it's our global corporate investment bank teams, our consumer teams, our wealth management teams, all of them need to go out and just drive more business.

And at Organic Growth Engine, which you described to our investor day a while back, that is intact.

Showing 261–280 of 391 · page 14 of 20