Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.

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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

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Related

How CD interest rates could be impacted by the inflation rise

Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'

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