Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.

The Fed is likely to retain its ‘wait-and-see’ approach at the Federal Open Markets Committee decision on Wednesday, but higher-for longer rates no longer support the dollar like they did before. This ...

Ebrahim Poonawala, Bank of America Securities Head of North American Banks Research, joins 'Closing Bell Overtime' to talk a possible dovish pivot from the Fed and the impact of the financial sector.

Brian Moynihan, CEO of Bank of America, also discussed whether he sees any validity in concerns about the end of American ...

Despite growing political pressure, the Federal Reserve is expected to leave interest rates unchanged following its two-day ...

Dori Zinn is a personal finance journalist with more than a decade of experience covering credit, debt, investing, budgeting, saving, retirement, college affordability, jobs and careers and more.

Alene is a personal finance writer based in the Southwest who specializes in credit cards, real estate and mortgages. She’s a huge award travel enthusiast who has taken dream trips to Bora Bora ...

The compensation may impact ... faster. Bank of America offers CDs with a wide range of terms and just a $1,000 minimum opening deposit. Some of these options provide higher interest rates than ...